Reverse Remittance Entry Option in the Greytrix TDS Utility

TDS plays an important role within different sections of Indian Market, and almost every Individual/Company is liable to pay TDS to the government.

The TDS Deduction and Remittance process are easily followed by the Greytrix TDS users but the problem occurs if we need to reverse the TDS once the document is already remitted.

There are several occurrences when we deduct the TDS against a vendor and even selected the document for the Remittance purpose. Now as seen in the below screen shot the document has appeared within the remittance Entry.

Now for any reason if the user wants to remove the Transaction from the Remittance i.e. make the document available for Remittance again.

We have made this option easy in the Greytrix TDS utility, where in we have provided the “Void Remittance” button in our Greytrix TDS utility which will help you to reverse the remittance entry. This feature will make all the documents within the Remittance available for the Remittance again.

Below screen shows the Void Remittance button: -