Accounting
Item Tax Template
Last Updated: March 11, 2026Item Tax Template is useful for item wise taxation. If some of your Items have tax rates different from the standard tax rate assigned in the Taxes and Charges table, then you can create an Item Tax Template and assign it to an Item or Item Group. The rate assigned in the Item Tax Template will get preference...
Tax Withholding Category
Last Updated: March 11, 2026Tax Withholding Category is Tax Deducted at Source. According to this, a person responsible for making payments is required to deduct tax at source at prescribed rates. Instead of receiving tax on your income from you at a later date, the govt wants the payers to deduct tax beforehand and deposit it with the government....
Reports
Last Updated: March 11, 2026Accounting Reports Some of the major accounting reports are: General Ledger Go to: Accounts > Company and Accounts > General Ledger. The General Ledger is a detailed report for all transactions posted to each account and for every transaction there is a Credit and Debit account so it lists them all up. The report is based...