Month: July 2023

Create a custom field in the vendor record and assign this value to the memo field of item line of the purchase order using workflow. First create sublist action group for the items. Mention the trigger point of the workflow and sublist in the workflow. Add set field value in the sublist action group in… Continue reading Set the memo field in the item line of the Purchase order using workflow.

Go to Setup > India Localization > TDS Tax Rate Rules. Click the Vendor Exemption subtab. Click New Vendor Exemption. In the Vendor Name field, select the vendor for this rule. In the Section Code field, select the section code for this rule. In the Particulars field, select the reason for tax exemption for this vendor. In the Certificate Number field, enter the TDS certificate number… Continue reading Create Vendor Exemption tax rate rule

Go to Setup > India Localization > TDS Tax Rate Rules. Click the Tax Deduction at Source subtab. Click New Tax Deduction at Source. Enter a unique name for the TDS tax rule. In the Section Code field, select the section code that applies to the rule. In the Vendor Type field, select the vendor type for this rule. In the Effective From field,… Continue reading Create TDS tax rate rules

You can create new section codes using the Administrator or India Tax Manager role only. To create a section code: Go to Customization > Lists, Records, & Fields > Record Types. Click the New Record link for India Tax Section Code for TDS. Enter a unique name for this record. In the Challan Code field, enter the code for… Continue reading Creating TDS Section Codes

To calculate TDS on vendor bills, you must first set up tax information on vendor records. You can use the Administrator role to complete the following procedure. To set up tax information on a vendor record: Go to Lists > Relationships > Vendor. Click Edit beside the vendor record you want to edit. Click the Financials subtab. Under the Tax… Continue reading Setting Up Tax Information on Vendor Records