invoice

TCS on Goods Sold – Section 206C(1H)

TCS on Goods Sold – Section 206C(1H) Nilesh Mandani

What is TCS Section 206C (1H)?  As per Finance Act 2020, Section 206C(1H) will be applicable from 1st October 2020 –   Provision of Section 206C: (1H) Every person, being a seller, who receives any amount as consideration for sale of any goods of the value or aggregate of such value exceeding fifty lakh rupees in any…

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KB10: Microsoft Dynamics’ feature on calculation of TDS

KB10: Microsoft Dynamics’ feature on calculation of TDS Nilesh Mandani

Mandatory fields for TDS calculation on general journal, purchase journal, purchase invoice, purchase order. Create General Journal or Purchase Journal Choose the  icon, enter General Journal or Purchase Journal, and then choose the related link. Select Vendor in Account Type and select relevant vendor code in Account No. field. Select G/L Account in Bal. Account Type and select relevant expense account in Bal.…

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KB2: Sales Features in MD365 Business Central

KB2: Sales Features in MD365 Business Central Nilesh Mandani

Sales Orders The Sales orders created in MSD365 Business Central contains all the information that could be required on the order including the customer details, item details, delivery details, unit price, quantity etc. Customer master and item master forms are used to fetch the related values on sales order. The Sales order form in MSD365 BC…

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