#AD
Preparing TDS Returns with large data volumes is one of the big challenges faced by the Finance & HRD teams across Enterprises. Tax Consulting Firms and HR companies providing outsourced services within the eco-system are also faced with similar issues.
Some of the fundamental requirements:
A. Regular TDS Returns / Statements:
- High Speed Transfer / Import of data into the TDS software platform
- Identification of errors / inconsistencies in large data sets
- Quick processing and generation of TDS Return
B. Associated Compliances:
- Generation of TDS Certificates and its efficient distribution
- Swift import of CONSO / TDS file for making error corrections
- Fast processing and generation of Correction Statements
C. Other Requirements:
- Simplified access to data
- Consolidated reports for large data sets
- Robust and reliable Application
Over the last 17+ years, apart from the micro & small companies, TDSMAN with its ‘Enterprise’ versions, has been serving medium to large format clients having 10,000 to 30 lakhs ‘Line Records’ in each TDS Return. The software has been maturing with each passing year in terms of improved speed and high-level of reliability.
A few indicators on the performance metrics are shared as under:
Line Records for each TDS Return | |||
10,000 | 100,000 | 500,000 | |
Data Import (TDS Return) | < 3 mins | < 10 mins | < 20 mins |
Generation of TDS Returns | < 2 mins | < 5 mins | < 10 mins |
Import of CONSO / TDS file | < 3 mins | < 5 mins | < 15 mins |
To get an overall idea, Download TDSMAN and evaluate the software. Team TDSMAN will be happy to walk you through the product, with your live data sets. This will help you get an idea of how it could be helpful in meeting the challenges of handling large volumes of TDS data.