Tally prime posting doubts

This query is : Resolved 
Quick Summary
This discussion addresses common TallyPrime posting queries. It covers how to record TDS charged by banks on Fixed Deposit sweep interest at 10%. Additionally, it provides advice on managing various institutional fees like bus and tuition fees by creating separate ledgers instead of relying solely on cost centres.

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(Querist)
28 August 2023 TDS charged by bank on FD sweep in interest received @ 10% .how should pass the entries .
Institution fee collected such bus fees , tution fee from primary , highschool & College can I create separate ledger nd post the receipts instead of using cost center.
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RAJA P M

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RAJA P M (Expert)
28 August 2023 Yes, You can create separate ledger and post the receipts.
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Priya

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Priya (Querist)
28 August 2023 TDS charged by bank on FD sweep in interest received @ 10% .how should pass the entries .
Kindly help me with this
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