How to setup TCS - Tax collection at source in Sales?

I have a need to setup TCS - Tax collection at source as a tax which should get added when we create Sales Invoice.

I checked the docs but could not find anything on this.

How can we do that?

Regards,

I also need some document on TCS, as in the tax with holding category, tcs not mentioned
Help will me much appreciated

Regards
Ganesan

Hi @yogeshvachhani & @ganesanv ,

  1. You can handle TCS by creating a sales taxes and charges template. This will automatically add TCS when you select sales taxes and charges template. This is works if you want to add TCS on selection of template.

  2. If you want to add TCS automatically, then you have to create a tax with holding category for TCS and set the single threshold and cumulative threshold like TDS and include that TCS category in customer master. So when you create a sales txn then TCS will be automatically applied on save.

Thanks

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