How to generate financial reports and handle taxes in BUSY?

BUSY provides a variety of financila reports to help you manage your business finances effectively. To view them can follow these steps:
Step 1: Go to the Display menu and click on Final Result.
Step 2: Choose the report option availabe such as Balance Sheet, Profit & Loss A/c, Payment & Expenditure A/c and Payment & Receipt A/c
Step 3: After selecting the report option enter the date range and can view the report.
You can also export that report by using the "Export" (ALT+E) option to export it in a compatible file format such as Excel, CSV, PDF & Google Sheet.
Handle Tax compliance in BUSY is easy and convenient. Some of the features of BUSY for GST are:
1. GST Invoicing: You can create GST invoices with all the necessary details, such as GSTIN, invoice number, date, tax rate, etc.
2. GST Summary:The software automatically calculates your tax liability and input tax credit based on your transactions.
3. GST Reconciliation: You can reconcile your GSTR-2A/2B data with your purchase data and identify any mismatches or errors. You ca also reconcile your self filed data of GSTR1 & GSTR3B.
4. GST Reports: You can access various GST reports using BUSY, such as GSTR-1, GSTR-2, GSTR-3B, GSTR-4, GSTR-9, etc. You can also view and analyze your GST data in different ways, such as by party, item, tax rate wise, etc.
5. GST Returns: You can generate and file your GST returns online using BUSY such as GSTR-1, GSTR-3B, GSTR-4 & GSTR-ITC-04.