App Accounting Apps 5 Apps found. author: App × category: Accounting × version: 15.0 ×

TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) are key components of the Indian taxation system. TDS involves deducting tax at the source of income, applicable to various earnings like salaries, interest, and payments to contractors. On the other hand, TCS requires sellers to collect a percentage of the sales value as tax from buyers at the time of sale. Both mechanisms are designed to ensure efficient tax collection and prevent tax evasion in India.

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Create Invoice from picking and bill from receipts

This petty cash feature allows each employee to have their own COA account and journal. It simplifies the process of requesting, approving, and paying small cash amounts.All records are connected with accounting, ensuring no money goes untracked.It improves financial control and visibility in the company.

It is a standard banking practice in some countries to request post-dated checksfor the retail Loan repayments. Optimize your financial management with OdooPost Dated Cheque Management.