How To Create New Company In Saral Tds !!top!! Access

To create a new company (often referred to as a "file") in , you typically follow a process of creating a new data file and then entering the master deductor details. Steps to Create a New Company/File Open New File Window : Go to the menu and select the Configure Database Settings

: Enter a name for your identification (e.g., Company Name_FY23-24). Server Name

: Select the required server name from the dropdown (usually your SYSTEM NAME\RELYONDB : If you need to store data in a specific folder, go to Data File Setting to browse and select a path. Create the File to initialize the new data file. Enter Master Details : Once the file is created, the Company General Information

window will appear. You must enter the mandatory details (indicated in in the software): Company Name and Address Responsible Person Details (e.g., Name, PAN). TAN and Company Type Save Information : After entering the details, click Alternative: Creating for a New Financial Year

If you have already used the software for previous years, you can use the Create New from Existing option under the

Creating a new company in Saral TDS involves setting up a dedicated data file for a specific financial year and configuring the master details for the deductor. Whether you are using the desktop version or the cloud-based Saral Pro, the process is designed to be sequential and user-friendly. 1. Initial File Creation

The first step is to create the database file that will house all your company's TDS records. Launch Software: Open your Saral TDS application.

Access the File Menu: Go to the File menu and select the New option. Set File Details:

Financial Year: Select the relevant year for which you are filing returns.

File Name: Enter a recognizable name for the company or entity. how to create new company in saral tds

Data Directory: By default, files are saved in the pre-set data directory. If you need to change this, go to File > Data Directory, select a new path using the three-dotted button, and click Accept. Choose Purpose:

eTDS Purpose Only: Select this if you only need the file for quarterly return filing.

With Tax Computation: Select this if you want the software to automatically compute salary taxes for Form 24Q. Create: Click the Create button to generate the new file. 2. Configuring Company (Deductor) Master Details

Once the file is created, you must enter the official details of the organization responsible for deducting tax.

Navigate to Master: Go to the Master menu and select Deductor Master.

Mandatory Fields: Fill in the fields highlighted in grey, which are mandatory. This includes: Company Name and TAN. Address and Contact Information.

Responsible Person Details: Enter the name and designation of the person authorized for company processes.

Statutory Info: If applicable, enable checkboxes for PF, ESI, or PT and provide the respective registration numbers. 3. Setting Up Branches (Optional)

If your company operates from multiple locations under a single registration, you can enable branch-wise tracking. To create a new company (often referred to

Enable Multi-Branch: In the Company Master window, enable the Multi Group or Branch option.

Create Branches: Navigate to Master > Branch Details to enter information for each specific unit. 4. Alternative: Create New from Existing

For recurring users, you don’t need to re-enter all master data every year. New file Creation in Saral TDS software

To create a new company in Saral TDS, you typically need to create a New File for the specific financial year. In Saral TDS, a "file" essentially represents the company's data for that period. Steps to Create a New Company File Open Saral TDS: Launch the software on your desktop.

Access the New File Menu: Go to the File menu at the top and select the New option. Enter File Details:

Financial Year: Select the appropriate year for which you are starting the TDS process.

File Name: Enter a name that helps you identify the company (e.g., "Company_Name_FY2024-25"). Select Processing Type:

eTDS Purpose Only: Choose this if you only need the file for filing e-TDS returns for all quarters and forms.

With Tax Computation: Choose this if you also need automatic salary tax computation for Form 24Q. PAN of the company (Deductor) TAN of the

Finalize Creation: Click the Create button. The software will then save the file in your designated data directory. Initial Setup (Master Details)

Once the file is created, you must populate the "Master" sections before you can file returns:

Deductor Master: Enter the primary details of your company, such as its name, address, and TAN.

Deductee Master: Add details for vendors or individuals from whom tax will be deducted (e.g., name, PAN, and address).

Employee Master: If you are handling salary TDS (Form 24Q), enter employee details including their PAN information. Helpful Tips New file Creation in Saral TDS software

Prerequisites (What You Need Ready)

Keep these details handy before you begin:

Step 3: Enter Basic Details

| Field | Instruction | |-------|-------------| | TAN | Enter 10-digit alphanumeric TAN (e.g., DELR12345F). Mandatory for e-TDS. | | Legal Name | As per PAN/TAN database (max 250 characters). | | Trade Name | (Optional) – if different from legal name. | | Address & PIN | Complete registered address. |

Frequently Asked Questions

Q1: Can I change the company name after creating it?
No, you cannot edit the legal name or TAN after creation. You must create a new company entry if the name or TAN is wrong.

Q2: How many companies can I create in Saral TDS?
There is no limit. You can manage hundreds of deductors in a single installation.

Q3: What if I am using the online (web) version of Saral TDS?
The process is similar. Look for Master → Company → Add New after logging into your web dashboard.

Q4: Do I need to recreate a company every financial year?
No. Keep the same company and just change the Financial Year & Quarter inside the company settings.