Tax Deduction At Source | (TDS) | Tax withheld at source | Tax Withholdings

[jhataka at yahoo.co.uk]

Derek,

I am indeed doing it manually for now as you suggested, it is working for
now.

Further, I would know priori which are the customers who are liable for
withholding. So in that case would be elaborate on : "For the invoicing
side, you *may* be able to do it via judicious use of tax tables, but that
presumes you know a priori that you will need to apply TDS."

Consider the same example, Invoice must reflect amount 1000, and taxes say
123.6, I tried using discount of 10% after tax that brings the figures
corrects but it does not correct invoice. Also tried to play around with the
percentage but it eventually results in printing an invoice that is not
correct. In the above example, I may add in the tax table Asset:TDS to be
transferred say for example 11.236% (10% of billed amount or Net +10% of
taxes = which is 10 % on gross =11.236%). Doing so ensure that correct
amount is transferred to Asset:TDS but the problem is when I print the
invoice the billed amount becomes 1000(Net)+123.6(tax)+112.36(TDS)=1235.96.
Please Help.
PS: While I was writing this mail I tried changing the sign of the TDS in
the tax table. This indeed Help a bit and apparently, it is showing right
amounts being transferred in the right accounts but I am not sure If I am
doing it right because, if I change the sign then negative amount should be
transferred to Asset:TDS which should rather mean a decrease, however it is
showing an increase (which for my purpose is alright) but I worry I should
not end up messing with my accounts. Please advise if am I doing it right ?

On the side lines:

Right Now I have to create separate jobs for each customer. Is there a way I
can create jobs that can used across the customers. For example

If I have a spa so more or less all my customers get same services like 1.
Hair Grooming. 2. Nail Polish 3. Pedicure etc. Right Now I have to create
jobs for each of the customer. For example for Customer one say C1 I have to
create jobs like Job no. C11 Hair Grooming, Job No. C12 Nail Polish, Job No
C13 Pedicure then likewise for customer C21 Hair Grooming, Job No. C22 Nail
Polish, Job No C23 Pedicure and so on.

Please help 

  



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