BIGBYTE

SOLUTIONS PVT
LTD
TDS CALCULATION
AND STEPS
 Ways to Calculate TDS
by Webpay

 UsingForms
 Import and Export menu
TDS CONFIG & STEPS
Step 1: Webpay Configuration (one time)
a) Company Configuration
b) Employees Master
c) Tax Settings
d) Tax Slab

Step 2: Pay code creation and setting its tax properties

(one time)

Step 3: Perquisites

Step 4:Details of Rent Receipt

Step 5: Income from Other Sources

Step 6: Reimbursement Details

a) Enter the Reimbursement Details
b) Reimbursement Process

Step 7:Professional Tax

Step 8: Investment Details

Step 9: View Salary Slip

Step 10: To Make Statutory Statements for Income Tax

a) Create update Tax Deductor
b) Create update Tax Challan
c) Generate E-TDS
Step 11: Reports
a) TDS Estimation Slip
b) TDS Challan
c) Publish Form 16

Notes:
a) Manual Tax Calculate
b) Edit Income Tax After Salary Process
Step 1: Webpay Configuration
a) Company Configuration
Deduct TDS on Arrear
amount
Both: TDS on Arrear
amount will be
deducted in the pay
month irrespective of
Net Arrear amount
being positive or
negative.
Positive: TDS on
Arrear amount will be
deducted in pay month
only if Net Arrear
amount is greater than
zero.
None: TDS on Arrear
will be deducted
proportionately, not in
pay month.
b)Employee Master
Fill Information Regarding Gender
and PAN No.
c) Tax Settings
The maximum limit of allowance for
children education is Rs 200 & Hostel
Charges is Rs. 600 for maximum of two
children.

TDS deduction
according to paid days

The rent amount will be prorated as per paid days, DOJ,

Projected DOL but in case of Annual Rent receipts it will not
prorate as per Paid days. Basic and HRA is also prorated I.e.
if the employee gets full month basic but the rent amount is
applicable from 15th of the month then Basic and HRA will
be prorated. Actual rent paid amount is not prorated
d) Enter Tax Slab
 For Making The Slab:-

Select the type of

slap u need:
1)Individual
2)Female
3)Senior citizens

Click on save to make

the new slab.
Step 2 : Pay Code Creation and
its Tax Properties
Create Pay Codes and Tax Properties

Select
whether the
code created
is :-
a)Taxable
b)Partially
Taxable
c) Non-
Taxable
Step3: To Assign Perquisites
 Enter Employee Code
.
Perq. Value

Amount Recd. from Employee

Taxable Perqs. will be Calculated Automatically

Step 4: Details of Rent
Reciept
Step5 : Income from Other
Sources
Enter the Source of Income
and the Income Amount
Step 6 :Reimbursement Details
a) Enter the Reimbursement Details
b) Reimbursement Process
Step7 :Professional Tax
PT Details
PT Location & Unit Mapping
Step 8: Investment Details
Step 9: How to Generate
Salary Slip
Click on process

Salary

Salary process

Enter the employee id

Click on generate Salary slip

Select the type of report you want.

View Salary Slip After Salary & Tax
Process
Step 10 : To Make Statutory
Statements for Income Tax
a) Create Update Tax Deductor
b) Create Update Tax Challan
c) To Generate E-TDS
D- DEDUCTOR
R – REGULAR
Q- QUARTER
Step 11: Reports
a) TDS Estimation Slips
b) TDS Challan Report
c) Publish Form 16
 Notes:
a) Manual Tax Calculate

If taxable amount is Rs. 250/- & you pay

Rs. 200/- in that case you can use this
option.

Taxation->Enter Manual Tax

 b) Edit Income Tax After Salary
Process

If you need to change taxable amount in

that case you can use this option.

Process->Tax->Edit Income Tax After

Salary Process
THANK YOU