GST 

Menu Path: Finance > Tax Components > Create a New Tax Component

• Enter the Component  Code and Description 

Menu Path: Sales Tab > Enter the Tax Rate and Select  the Tax Account

Menu Path: Finance > Tax Components > Purchase 

• Select the Tax Account

Tax Code

Menu Path: Finance > Tax Codes> Tax Code List > Menu > New or Click (+) sign or use the ‘Insert’ key on the keyboard to create a new Tax Code 

Menu Path: Enter the Tax Code, Description and select the Tax Components to be added for this code click on the ‘Add’ button, and Save

If there are 2 Tax Components, then for 2nd component Tax Bases click the option button> it will open the “Tax on Tax” screen (Select Line item Sales)

TDS

Menu Path: Products > Create Service Product

Menu Path: Products > Master > Products > Create Service Product > Cost Tab 

• Accounting Group Preferences > Select Specify Accounts 

• Click on the option, it will open an accounts screen > In Expense Account - Select Liability Account (TDS Payable)

Menu Path: Products > Create Service Product > Cost Tab 

• Accounting Group Preferences > Select Specify Accounts 

• Click on the option,  it will open an accounts screen > In Sales- Select Asset Account (TDS Receivable)