How to correctly use the "TDS Adjustment Journal" in NAV.

Purpose of the TDS Adjustment Journal?

When we want to reverse a Posted Purchase Invoice, we create a Purchase Credit Note (Debit Note) against it. Now, if I have an Invoice with TDS Amount and I need to apply a credit memo against it, then in that case TDS Amount is not reversed.

So, for reversing the TDS and related entries we have to use TDS Adjustment Journal.

Read the full blog on my official website by navigating the below link:

https://www.shubhfordynamics.com/post/how-to-correctly-use-the-tds-adjustment-journal-in-nav

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