TDS adjustment entry

Dynamics 365 Business Central/NAV User Forum
1

Hi All,

In India there is a provision of deducting TDS while making payment or making invoice, whichever is earlier.

Now in NAV there is a journal for adjustment which is “TDS adjustment journal” in which addition or deduction regarding TDS amount can be done.

But there is a case when user forget to insert "NOD/NOC’ code and there is no TDS entry has been booked so in this case TDS adjustment journal option is not available.

Can anybody tell what is the other way to deduct TDS which also reflects in TDS report.?!

Thanks in Advance.

Jainal

2

Standard Nav doesn’t have this functionality .You need to reverse the transaction and post correct transactions.