How do I record an invoice overdue amount as TDS if the customer has already reported it in Form 26AS?

If your customer has reported TDS for an invoice overdue amount in their Form 26AS, you can record a manual journal for the TDS amount, and later apply it as credits to the customer’s invoice. Here’s how:

Go to Accountant on the left sidebar and select Manual Journals.
Click + New in the top right corner of the List page.
In the New Journal page, fill in the required details.
In the Items Table, fill in the credit entry, associate it with the Accounts Receivable account, and select the required Customer.
Fill in the debit entry and associate it with the TDS account used to track TDS in your organization.
Click Save and Publish or Save as Draft and publish it later.

The journal will be created. You can now apply it as credits to the respective customer’s invoices.

Note:

This TDS entry won’t appear in the TDS Receivables report. You need to generate an Account Transaction report to view the TDS changes.

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