How can we add TCS in Sales Invoice?

Hi userprateek-goel!

The Tax Collected at Source (TCS) is currently unsupported in QuickBooks Online. However, I have a workaround you can use so let me share it with you.

We have an option to create a custom tax rate. Let's utilize it to set up your TCS.

1. Click Taxes on the left menu, then click on Add Tax.
2. On the pop-up, choose Custom Tax.
3. Enter the details required. Then, make sure to select the Tax collected on Sales box. 
4. Tap Save.

You can now select it when recording sales transactions. Another way to set up the TCS is to add a new product item. Here's how:

1. From the Sales menu, select Products and Services.
2. Click the New button and choose Non-Inventory or Service.
3. Enter Sales Tax name in the Name and Description fields and leave the Sales price/rate field blank.
4. In the Income account field, choose a liability account that you'll use to track the TCS.
5. Make sure the Is taxable box is unchecked, tap Save and close.

Once done, you can add this item to the invoice and manually enter the TCS amount. Please note that with this method, you won't be able to pay this tax through the tax center. To record a payment, just create a check. Also, go to your Chart of Accounts and review the liability account to see the tax owed.

You also want to reach out to your accountant to see if they have a different way on how to enter TCS in QuickBooks Online. For more tax-related articles, visit this link: Tax for QBO.

Keep on posting here if you need more of my help. Stay safe!

how can we add tcs in sales invoice

Please provide customer care number in India 

Hello there, 123145853403422H17.

Right now, adding TCS on the invoice is not supported yet in the system for the deduction. For now, you can create a custom tax rate as a workaround. Here's how:
 

1. Choose Taxes on the left menu, then select on Add Tax.
2. On the pop-up, tap Custom Tax.
3. Provide the details required. Then, make sure to click the Tax collected on Sales box. 
4. Hit Save.

Once done, you can now select it when recording sales transactions. There's another way on how to set up TCS by adding new product items. Here's how: 
 

1. From the Sales menu, choose Products and Services.
2. Tap the New button and click Non-Inventory or Service.
3. Enter Sales Tax name in the Name and Description fields and leave the Sales price/rate field blank.
4. In the Income account field, click on a liability account that you'll use to track the TCS.
5. Make sure the Is taxable box is unchecked, hit Save and close.

 I've included the steps to contact support below, along with the direct link to chat Support. 

1. Sign in to your QuickBooks Online company.
2. Go to Help (?).
3. Click on Contact Us.
4. Enter your concern, then select Let's talk.
5. Choose a way to connect with support (Chat, Callback, Etc.).

Please check this article to see different information about QuickBooks for GST and how this affects QuickBooks users: How GST impacts QuickBooks users.

I also recommend visiting our QuickBooks Blog. This way, you'll be guided with updates and newly released features in QuickBooks.

I'll be right here to continue helping if you have any other concerns or questions about adding TCS on the Sales invoice. Assistance is just a post away. Take care always.