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C
ChristieAnn 11
September 7, 2020

Hi there, account-siddhivi.

 

Thank you for posting here in QuickBooks Community.

 

Currently, there's no option to make TCS(Tax collected at Source) in the invoice. This is because TCS is not yet supported by QuickBooks Online for the deduction.

 

However, I suggest consulting an accountant. They can provide you other alternative ways on how to properly enter this TCS in the system. This is to ensure that the account stays accurate and the TCS will be reported correctly on your tax information.

 

Please check this article to see different information about QuickBooks for GST and how this affects for QuickBooks users: How GST impacts QuickBooks users.

 

I also recommend visiting our QuickBooks Blog. This way, you'll be guided with updates and newly released features in QuickBooks.

 

 If you have other questions, just let me know. I'm always happy to assist you further. Have a great day ahead.

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