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December 31, 2020
Question

How capture TCS - Tax collected at source in Purchase Bill

  • December 31, 2020
  • 1 reply
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1 reply

JenoP
December 31, 2020

Good day, userc-anil.

 

Adding or tracking Tax collected at Source (TCS) deduction is currently unavailable in QuickBooks Online (QBO). In the meantime, I highly suggest consulting an accountant for guidance with other ways to enter the TCS in your account.

 

We'll also take note of this as a product suggestion or feature request. You can also visit our Blog site where you can see recent updates and and newly added features in QBO. Here's the link: https://quickbooks.intuit.com/blog/.

 

Here's an article about tracking GST in the program and other related topics: How GST impacts QuickBooks users

 

Don't hesitate to reach out to us again if you need anything else.