Vendors, TDS and GST

Add vendors, enter and pay their bills, deduct TDS and GST correctly, and deposit TDS with the government.

1. 1.Vendors, TDS and GST at a glanceLearn how SocietyBee records what your society owes its vendors, from adding a vendor to posting the bill, paying it, deducting TDS and depositing it with the government.
2. 2.Add a vendorAdd a vendor with contact, PAN, what they are paid for, GST type and bank details, with every field on the Add Vendor form and the TDS rate box explained.
3. 3.The vendor list and searchFind any vendor by name or PAN, show or hide inactive vendors, and understand each column and button on the Vendors page.
4. 4.Edit or deactivate a vendorChange a vendor's details, switch a vendor off so it is hidden from new invoices, and bring it back later.
5. 5.The vendor page, invoices and ledgerLearn the vendor page where you keep a vendor's invoices and ledger, with the invoice list, search, status filter, every column and every button explained.
6. 6.Create a vendor invoiceEnter a vendor's bill with its invoice number, dates and amounts, see TDS and GST worked out as you type, and save it as pending or post it straight to an expense account.
7. 7.Confirm and pay a vendor invoicePost a pending vendor invoice to the books, then pay it in full or in parts from a cash or bank book, with the cash-limit warnings explained.
8. 8.Invoice details, PDF, cancel and deleteOpen a vendor invoice to see its amounts, TDS, GST, narration and payments, download the PDF, and delete a pending invoice or cancel a posted one safely.
9. 9.How TDS is worked out on vendor billsLearn how SocietyBee decides whether TDS applies to a vendor invoice, which rate it uses, what happens when a yearly limit is crossed, and what changes when the vendor has no PAN.
10. 10.Input GST (ITC) on vendor billsUnderstand the four choices for the GST on a vendor invoice, when input credit can be claimed, and which accounts the GST is posted to.
11. 11.TDS reports, deposits and the statementSee how much TDS you owe the government, record a challan deposit, review deposit history, cancel a wrong deposit, and download the quarterly TDS statement working paper.