TDS Entries in the books of Deductor
Case 1: Bill First, then Payment Entry at the time of Expense …
Who is liable to deduct TDS
♦ Who is Liable to Deduct TDS? • TDS is liable to be deducted only if payment is for business use and not for personal use• Also, TDS to be deducted only if threshold limit is crossed.
TDS Deduction & Deposit
♦ When is TDS to be deducted? TDS is to be deducted from earlier of the two dates given below • At the time of…
SAP FICO S/4 Hana
The objective of this course is to equip you with advanced level skills pertaining to SAP FICO Module. We provide both theoretical knowledge and practical training in the SAP FICO arena ensuring a strong foundation in the subject. ObjectiveUnderstand…
Fiori in SAP
SAP Fiori is a design approach, user experience (UX) strategy, and a set of technologies developed by SAP for creating modern, responsive, and user-friendly applications for enterprise software. Fiori is designed to improve the overall user…
Rise with SAP
RISE with SAP helps companies to get started with cloud SAP solutions. It accelerates cloud adoption as it takes a lot of the guesswork and piecemeal license purchases out of enterprise planning: It provides customers with all the tools they…
System Landscape in SAP
System landscape refers to the arrangement and structure of different system environments that collectively support an organization's business processes. The SAP system landscape is designed to efficiently manage and integrate various SAP applications,…
Different modules under SAP
Financial Accounting (FI): Manages financial transactions, accounting, and reporting. It includes sub-modules such as Accounts Payable (AP), Accounts Receivable (AR), Asset Accounting (AA), and General Ledger (GL).Controlling (CO): Supports…
Difference between SAP ECC and SAP S/4 Hana
SAP S/4HANA and SAP ECC (Enterprise Central Component) are both enterprise resource planning (ERP) solutions developed by SAP, but they differ significantly in terms of architecture, data processing, user experience, and functionality. Here…
Different Versions of SAP
SAP R/1: The first version of SAP, R/1, was introduced in 1972. It was a financial accounting system that ran on a mainframe.SAP R/2: Released in the late 1970s, SAP R/2 expanded beyond financials to include other business functions. It was…
What is SAP S/4 Hana?
SAP S/4HANA (SAP Business Suite for High-Performance Analytic Appliance) is an enterprise resource planning (ERP) suite developed by SAP. It represents a significant advancement from the previous SAP ERP systems and is designed to run exclusively…
What is SAP?
SAP, which stands for Systems, Applications, and Products in Data Processing, is a leading enterprise resource planning (ERP) software solution. SAP was founded in 1972 by five former IBM employees in Germany. The company has grown to become…
Tax Deducted at Source (TDS)
The objective of this topic is to equip you with knowledge pertaining of TDS (Tax Deducted at Source) provisions contained in the Income Tax Act of 1961. We provide both theoretical knowledge and practical training in the TDS arena ensuring…