Purchase Analysis

Purchase Analysis - Bill & TDS Reports

This feature helps analyze purchases through bill records and TDS deductions from the Bill Register.

Options Page

Filters & Selection Criteria

• Select Report Type:
  • Purchase By Bill
  • TDS From Bill Register
• From Date (Start date for the report)
• To Date (End date for the report)

Validations

Invalid Date Range – Ensure that the “To Date” is later than the “From Date.”
Future Dates Not Allowed – The selected date range must not include future dates.
Date Range Limit – The gap between the selected “From Date” and “To Date” must not exceed 2 years.

Reports Available Under Purchase Analysis

1. Purchase By Bill Reports

Provides insights into vendor-based purchases, tax details, and eligibility for Input Tax Credit (ITC).

1.1 Purchase By Bill

• Displays vendor details who have made direct purchases by bill.
• Includes tax amounts, vendor bill numbers, GSTIN, and other transaction details.

1.2 Purchase Register Details

• Shows purchase records from multiple vendors, including invoice details, taxable amounts, and tax components.

1.3 Input Tax Credit (ITC) Report

• Evaluates ITC eligibility status, indicating whether ITC can be claimed for specific transactions.

2. TDS From Bill Register Reports

Provides insights into Tax Deducted at Source (TDS) for vendor payments.

2.1 TDS From Bill Register

• Displays TDS details for multiple vendors, including applicable deductions and compliance information.

2.2 TDS Summary Report

• Provides a categorized summary of TDS deductions by account name.
• Includes details such as:
  • TDS Percentage
  • Basic Amount (on which TDS is calculated)
  • TDS Amount Deducted