Tax Deducted at Source is to be booked when the invoice is booked.
Hi,
Zoho books is missing the basic rule related to booking of Tax deducted at source i.e. TDS receivable.
As we all know TDS of a month is to be paid by the 7th of the following month but as per zoho books we can book TDS receivable only at the time of receipt of Payment but if the receipt from the customer is delayed we can't delay the payment to the goverment.
So, Zoho is not at its best for accounting
Please update it as soon as possible.
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