BIZ Services provides a comprehensive solution to all your 26AS reconciliation complexities. We understand the difficulty in managing TDS credits for all the payments received from customers including 194IA credits for Real estate developers, with our vast experience and technology expertise we have automated the entire reconciliation process to get the mismatch in TDS values for
- TDS receivable Vs Form 26AS
- TDS credits in Books of accounts Vs Form 26AS
The common challenges faced are
- Identifying and solving mismatch in TDS credits
- TDS credits with wrong values
- Finding the correct reason for TDS credit mismatch
- Inadequate information available in Form 26AS
- Huge volume of transactions to reconcile manually
- Lot of time and resources spent on reconciliation with no effective result
- Reconciliation of more than one financial year data manually is practically not possible
What does our solution provide to you?
- Automated reconciliation between TDS receivable and Form 26AS
- Automated bifurcation of unreconciled records with appropriate reasons
- Analytical dashboard to review unreconciled records and reconcile manually with appropriate narration
- Detailed report with appropriate remarks for each record of TDS receivable and Form 26AS
- Simple and easy reconciliation of data across financial years
Why collaborate with BIZ Services?
- We provide end to end service and publish analytical reports on monthly basis to all concerned stakeholders
- We only need basic information on TDS receivable, TDS credits in books of accounts and Form 26AS text file on monthly basis
- Communication and follow-up with all stakeholders on TDS credit mismatch in comparison with TDS receivable
- Comprehensive report at the end of financial year with appropriate remarks against each unreconciled record
Please connect with us for a detailed demonstration of our solution
Our Vision 