How To Create New Company In Saral Tds

How to Create a New Company in Saral TDS: A Step-by-Step Guide

Saral TDS is a popular software used for managing tax deductions, filings, and compliance in India. Creating a new company in Saral TDS is a straightforward process that requires some basic information about the company and its PAN details. In this article, we will guide you through the step-by-step process of creating a new company in Saral TDS.

Prerequisites for Creating a New Company in Saral TDS

Before creating a new company in Saral TDS, ensure that you have the following:

Step-by-Step Process to Create a New Company in Saral TDS

Here's the step-by-step process to create a new company in Saral TDS:

Step 1: Launch Saral TDS Software

Launch the Saral TDS software on your computer. If you have multiple versions of Saral TDS installed, ensure that you are using the latest version.

Step 2: Click on "Company" and Select "Create Company"

On the Saral TDS home screen, click on the "Company" menu and select "Create Company" from the drop-down menu.

Step 3: Fill in Company Details

Fill in the company details in the "Create Company" screen:

Step 4: Enter Authorized Signatory Details

Enter the details of the authorized signatory:

Step 5: Upload Digital Signature Certificate (DSC)

Upload the Digital Signature Certificate (DSC) of the authorized signatory.

Step 6: Verify and Save Company Details

Verify the company details and click on "Save" to save the company details.

Step 7: Create Company in Saral TDS

Once you have saved the company details, Saral TDS will create a new company with the entered details.

Step 8: Configure Company Settings

Configure the company settings as per your requirements:

Common Issues Faced While Creating a New Company in Saral TDS

Here are some common issues faced while creating a new company in Saral TDS:

Troubleshooting Tips

Here are some troubleshooting tips:

Conclusion

Creating a new company in Saral TDS is a straightforward process that requires basic information about the company and its PAN details. By following the step-by-step guide outlined in this article, you can easily create a new company in Saral TDS. If you face any issues, refer to the troubleshooting tips or contact Saral TDS support team for assistance.

FAQs

Q: What are the prerequisites for creating a new company in Saral TDS? A: The prerequisites include Saral TDS software, company details, and Digital Signature Certificate (DSC).

Q: What are the steps to create a new company in Saral TDS? A: The steps include launching Saral TDS software, clicking on "Company" and selecting "Create Company", filling in company details, entering authorized signatory details, uploading DSC, verifying and saving company details, and configuring company settings.

Q: What are common issues faced while creating a new company in Saral TDS? A: Common issues include invalid PAN number, invalid DSC, and duplicate company name.

Q: How can I troubleshoot issues while creating a new company in Saral TDS? A: Troubleshooting tips include checking software version, checking system configuration, and contacting Saral TDS support team.

To create a new company in Saral TDS, you first create a new data file for a specific financial year and then populate the deductor master details. 1. Create a New Data File

Access the File Menu: Open the Saral TDS software and click on File in the top menu bar.

Select New: Choose the New option to open the file creation window.

Enter File Details: Provide a File Name (usually the company name) and select the relevant Financial Year.

Select Purpose: Choose between eTDS Purpose Only (for standard filing) or With Tax Computation (if you need automatic salary tax calculation for Form 24Q).

Save File: Click Create. The file will be saved in your default data directory. 2. Enter Company (Deductor) Details

Once the file is created, you must set up the deductor master information:

Go to Master Menu: Navigate to Master and select Deductor Master.

Mandatory Information: Fill in all grey-colored fields, which are mandatory. This includes: Company Name and Address.

TAN (Tax Deduction Account Number) and PAN (Permanent Account Number). Responsible Person details (name and designation).

Statutory Details: Enable relevant checkboxes for TDS, PF, or ESI as applicable to your company. Save: Click Save or Update to finalize the company profile. 3. Optional: Create from Existing (New FY)

If you are starting a new financial year for an existing client: Go to File > Create New from Existing.

Select the existing file and choose which master data (Deductors, Deductees, or Employees) to carry forward to the new year's file.

For further assistance, you can refer to the official Relyon Saral TDS Tutorials or download the Saral TDS Installation Guide provided by Relyon Softech. New file Creation in Saral TDS software

To create a new company (file) in Saral TDS, you must set up the primary master details to enable the software's compliance modules. Steps to Create a New Company File

Open Dashboard: Launch the software and click the "+" (plus) icon located at the bottom right of the main dashboard.

Enter File Details: In the "File Master" window, input the Company Name, address, and contact information.

Enable Modules: Select the relevant modules for your business, such as TDS, GST, or Income Tax.

Deductor Master: Enter mandatory details including the TAN (Tax Deduction and Collection Account Number) and the relevant Financial Year.

Save and Configure: Save the information to navigate to the TDS dashboard, where you can then set up Deductee and Employee Masters. Alternative: Create from Existing File

If you are moving to a new financial year, you can carry forward existing data: Go to File → Create New from Existing.

Select the previous year's file and enter a name for the new financial year file.

Check the boxes for data you wish to carry forward (e.g., master records) and click Create. Key Features for New Companies

Master Management: Dedicated sections for Deductor, Deductee, and Employee masters. how to create new company in saral tds

Data Import: Bulk import details from Excel or existing FVU/Conso files via the Import option.

Automated Settings: Options for automatic tax computation and rounding off tax are configurable during initial setup. AI responses may include mistakes. Learn more Saral TDS: Reviews, Pricing, Features in 2026

Creating a new company in Saral TDS involves setting up a specific data file for a financial year and configuring the master details for tax compliance. Step 1: Open the New File Window

Launch the Saral TDS software on your system. Navigate to the File menu and select the New option. Step 2: Enter Primary File Details

In the file creation window that appears, provide the following information:

File Name: Enter a name that helps you easily identify the specific entity or company.

Financial Year (FY): Select the relevant year for which you are filing the TDS returns. File Purpose: Choose between two modes:

eTDS Purpose Only: Enables the file for basic return filing across all forms and quarters.

With Tax Computation: Adds automated salary tax calculation features specifically for Form 24Q. Step 3: Save and Set Data Directory

Click Create to generate the file. By default, files are saved in the software's standard directory. If you prefer a different location, you can update this by going to File > Data Directory and browsing for your preferred folder. Step 4: Configure Master Settings

Once the file is created, you must populate the "Master" sections to enable return generation:

Deductor Master: Enter your organization's mandatory details, such as TAN, address, and the responsible person's information.

Deductee/Employee Master: Add details for vendors (non-salary) or employees, including valid PAN information, as returns cannot be generated for invalid or missing PANs without specific remarks. Tips for Returning Users

Bulk Creation: If you are migrating multiple companies to a new financial year, use the Bulk File Creation option under File > Create New from Existing to copy master details from the previous year automatically.

Cloud Users: If you are using the cloud-based Saral Pro, you can create a new file by clicking the plus (+) button on your dashboard and enabling the TDS Module.

Create a new file from an existing file (for new FY) in Saral TDS

Would you like a screenshot guide or help with any specific step?

Before you start entering TDS data for the new company, confirm:

Conclusion

Creating a new company in Saral TDS is a 2-minute task if you have the correct TAN and PAN ready. Take that extra minute to verify the data—it will save you hours of correction notices later.

Once your company is created, you can proceed to add salary records, challan details, and generate error-free TDS returns.

Need help with TDS return preparation after setup? Let us know in the comments below.

Stay compliant, stay accurate.

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. How to Create a New Company in Saral

With Tax Computation: Choose this if you also need automatic salary tax computation for Form 24Q.

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

Creating a new company in Saral TDS (often referred to as creating a "New File") involves setting up the primary database for a deductor for a specific financial year. Step-by-Step Procedure for Company Creation

To create a new company file in Saral TDS, follow these primary steps:

Open New File Window: Open the Saral TDS software and navigate to File → New. Enter Basic Details:

Financial Year: Enter the specific year for which the TDS returns will be filed. File Name: Provide a unique name for the company or entity.

Select Purpose/Module: Choose between the following options based on your needs:

eTDS Purpose Only: Enables the file for eTDS return filing across all quarters and forms.

With Tax Computation: Adds auto-salary tax computation for Form 24Q alongside standard return filing features.

Enable Modules: If using Saral Pro, you must specifically enable the TDS Module and enter mandatory details like the TAN.

Save and Create: Click Create to save the file in your designated data directory. Initial Master Settings

Once the file is created, you must populate the "Masters" to facilitate return filing:

Deductor Master: Enter the company’s official details, including name, address, and the "Responsible Person".

Deductee Master: Manually enter or import details for the parties from whom tax is being deducted.

Employee Master: (Required for Form 24Q) Add employee-specific data such as PAN, designation, and contact details. Advanced Options

Branch Creation: If the company has multiple branches under one TAN, enable the Branch option in the File Master and add branch-specific details.

Transferring Data: To carry over master details from a previous year, use File → Create New from Existing to save time on data entry.

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

Pro Tip: Do not click on “Open Company” – that is for existing companies only.