TDS Advances for different payment processes

By | April 18, 2025
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Based on our previous discussion of TDS on Accounts Payable Advances, this blog focuses on how to apply TDS deductions to AP Advances for various payment options availabe in Sage Intacct . We’ll explore how businesses can efficiently manage TDS adjustments in Sage Intacct, ensuring accurate tax deductions and streamlined accounts payable processes.

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1) TDS on AP Advances for Check without Approval: –

In this Case, the TDS Advance Entry when created successfully will,

  1. Create AP Advance with state “In Process”.
  2. User need to Print the check from “Print Check” Master.
  3. AP Advance state will be updated to “Advance Paid”.
  4. Fetch the Record Number of this AP Advance created in the AP Advance ID field on TDS Advance UI
  5. Create GL Journal Entry with Reference Number as “Reference TDS Advance No. – Vendor No.”
  6. Check TDS Posted checkbox when GL Journal Entry gets successfully created.

2) TDS on AP Advances for Record Transfer/Cash with Approval: –

In this Case, the TDS Advance Entry when created successfully will,

  1. Create AP Advance with state “Pending Approval”.
  2. AP Advance state will be updated to “Advance Paid” after the Approval process
  3. Fetch the Record Number of this AP Advance created in the AP Advance ID field on TDS Advance UI
  4. Create GL Journal Entry with Reference Number as “Reference TDS Advance No. – Vendor No.”
  5. Check TDS Posted checkbox when GL Journal Entry gets successfully created.

3) TDS on AP Advances for Check with Approval:

In this Case, the TDS Advance Entry when created successfully will,

  1. Create AP Advance with state “Pending Approval”.
  2. AP Advance state will be updated to “In Process” after the Approval process.
  3. User need to Print the check from “Print Check” Master.
  4. AP Advance state will be updated to “Advance Paid”.
  5. Fetch the Record Number of this AP Advance created in the AP Advance ID field on TDS Advance UI
  6. Create GL Journal Entry with Reference Number as “Reference TDS Advance No. – Vendor No.”
  7. Check TDS Posted checkbox when GL Journal Entry gets successfully created.

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