Agenda of the Video: To Show, How to Pass TDS "Provisional Entry" using Single Entry Mode in Dynamics 365 Business Central (D365BC).<br />---------------------------------<br />Localization = India<br />----------------------------------<br />ℹ️Standard Accounting Concept in our Country: <br />The information that you enter in a journal is temporary, and can be changed while it is in the journal.<br />When you Post the journal entry for Provisional Entry, the information is transferred to entries on individual accounts, where it cannot be changed. <br />You can, however, *Unapply Posted Entries*, and you can post Reversing or Correcting Entries.<br />✅ TDS = Tax Deducted at Source.<br />✅ TDS is a type of Direct Tax, and this is covered under Income Tax.<br />✅ General Ledger of TDS Payable-Professional Charge - 194J (Liability). <br />✍️This G/L Account will automatically added in the Entry through "TDS Posting Setup".✔️<br />✅ If you want to assign specific Location in this Provisional Entry, then select that "Location Card" via Location Code (column / field).<br /><br />Hint:- Try to define "TDS Posting Setup" for "Professional Charges" under TDS Section Code 194J. <br />Assign TDS Liability G/L here.<br />---------------------------------------------------------------------------<br />Read the related Short-Blog: https://navisionfunctionalexpert.com/...<br />--------------------------------------------------------------------------------------------------------------------------
