03 October 2011
No procedure as such. Just check the certificate with for the amount of TDS deducted. Verify from 26AS whether the amount has been correctly credited and then pass the entry in your books.
05 October 2011
when the TDS certificate is recieved pass the entry as
TDS deducted and Certificates Received A/c DR To Tax Deducted at Source A/c
The above entry to b passed with the amount of TDS as per certificates
The balance of Tax deducted at source and certificates not recived will be highlighted by the Account named as "Tax Deducted at Source", while of Certificates received as per " TDS deducted and Certificates received A/c"
05 October 2011
While the Bill to Bill reconciliation feature will enable you to check at once the outstanding entries of TaX DEDUCTED ATS OURCE A/c. by pressing Alt +B after opening the ledger account.
plz check the short cut key once again as i m not using tally these days
CAclubindia
