As TDS is Statutory part of Indian Government, where any sort of manual adjustment, will need justification during external audits.
The way GST is reversed in Business Central during Credit Memo posting, similar way TDS should also get reversed. Both are part of statutory requirement.
Comments
And this discrepancy leads to:Increased manual effort – Users must track and adjust TDS separately.Risk of errors – Manual entries may result in compliance or reconciliation issues.Delayed processes – Additional steps slow down the credit memo workflow.We recommend enhancing the system to automate TDS reversals for credit memos, similar to the GST reversal logic, to streamline operations and reduce user pain points.
Category: Geographies and Localization
it’s essential that TDS reversal is handled automatically during credit memo postings in Business Central
Category: Geographies and Localization
Business Central Should have this feature, as for ever Posted Purchase Invoice Reversal, user have to post TDS Adjustment Journal. which creates confusion on TDS Adjustments and TDS ReversalsHope, Microsoft understands the pain area of not having this Functionality
Category: Geographies and Localization
Business Central Team (administrator)
Thank you for this suggestion! Currently this is not on our roadmap. We are tracking this idea and if it gathers more votes and comments we will consider it in the future. Best regards, Business Central Team