Setup and Review Tax Process (GST & TDS) from BackOffice)

For GST 

Menu Path >> Finance > Tax Components > Create a New Tax Component Main Tab -  Tax Account.

Menu Path >> Finance > Tax Components > Create a New Tax Component Sales Tab -  Tax Account.

Menu Path >> Finance > Tax Components > Purchase Tab -  Tax Account.

Tax Code

Menu Path >> Finance > Tax Components > Create a New Tax Code

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

Menu Path >> Products > Create Service Product > Cost Tab > Accounting Group Preferences > Select Specify Accounts > Click on … it will open a 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 … it will open a accounts screen > In Sales- Select Asset Account (TDS Receivable)