Payment of TDS to government authorities
Use a Payment Journal or Bank Payment Voucher to record payment of deducted TDS. The TDS action opens unpaid, unreversed TDS entries with a nonzero total for the payable account and T.A.N. number on the journal line. Apply additional filters, such as posting date or assessee code, to identify the entries to pay.
- [!INCLUDE [open-search](../../includes/open-search.md)] Enter Payment Journal or Bank Payment Voucher, and then choose the related link.
- Enter a Document No., select the TDS payable G/L account in Account No., and select T.A.N. No. Choose Pay TDS > TDS.
- Select the entries to pay on the Pay TDS page, then choose Pay. The total of the selected entries is transferred to the journal line.
Complete the balancing bank account and other required journal fields, then post the journal. Posting marks the linked TDS entries as paid.
GL Entries are as following:
Particulars Amount TDS Payable Account 10000 Bank Account -10000