(IND) Create TCS ledger accounts

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Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2

Note

This topic has not been fully updated for Microsoft Dynamics AX 2012 R2.

You can define receivable accounts to post the TCS receivable amount for TCS tax codes. These accounts must use Withholding tax as the posting type.

  1. Click General ledger > Setup > Chart of accounts > Chart of accounts. On the Main accounts FastTab, double-click a main account, or click New.

  2. Press CTRL+N to create a TCS ledger account and enter the required details.

  3. Click the Setup tab.

  4. In the Posting type field, select Withholding tax.

  5. Press CTRL+S or close the form.

See also

(IND) TCS or TDS inquiry (form)