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October 15, 2020
Question

How to record TCS in purchase invoice ?

  • October 15, 2020
  • 1 reply
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1 reply

MichelleBh
October 15, 2020

Hi there, @tripathy2007.

 

Currently, recording Tax collected at Source (TCS) deduction in QuickBooks Online is unavailable. With this, I'd suggest consulting an accountant for guidance with other ways to enter the TCS in your account.

 

You may visit our QuickBooks Blog regularly. So, you'll be updated with the latest news and updates, including product improvements.

 

Also, please browse through these articles. These links give you information on how the TCS impacts GST and other related topics on managing the QBO account.

 

 

You can leave a comment below if you have other questions. I'm always here to help. Take care!