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TDS Section mapping using India localization bundle
The NetSuite India Localization bundle provides functionality to associate TDS section codes with section-specific Chart of Accounts (COA).
In Setup > Tax > Tax Types, NetSuite allows mapping a default TDS account for the Tax Type “Tax Deducted at Source” by selecting the nexus and TDS account.
In Setup > India Localization > Configuration, under the Tax Deducted at Source subtab, we can select the nexus, section code, and section-specific COA.
Observed Behavior:
When creating vendor bills using sections and nexus as per the Configuration page setup, the posting is happening against the TDS account defined in the Tax Type page instead of the section-specific account defined in the Configuration page.
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