Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst e returns
Is there a guide on how voucher numbers need to be formatted for the portal?How to download GST reports like GSTR-, GSTR-B etc from BUSY?
You can check in GST portal for guidelines for invoice numbering .
To download GST reports in BUSY you can folllow the below steps:
Step 1: In gst configuation of BUSY GST portal user name should be mentioned .
Step 2: Go to transaction then click on GST misc. utilities and select download GSTR jason data
Step 3: Select then GSTR report you want to download and select auto download
Step 4: Then can download data for all month by click on download option adter mention OTP received on registered mobile number
Note: Download data from portal is only available in Standard and enterprise model of BUSY.
My GST details are not getting auto-populated in GSTR- even though they are there in invoices. How to fix this?
Find out the steps to check if your gst data not showing in Gstr1 report
Step 1: Your voucher is not entered with correct sale type.
Step 2: If you had enabled Skip in GST reports option in your sale type the also the voucher will not reflect in gst summary.
Step 3: If your accounting entry such as Credit notes without items, Registered expense entries are entered with not applicable gst nature.
Step 4: Also the voucher will not reflect if your CGST SGST lGST ledger are not properly created, like it should be tagged under group Duties and Taxes and tax type as CGST SGST IGST respectively.
My GST returns are not showing accurate input tax credit amounts. How can I ensure my ITC gets updated correctly?
To ensure that your input tax credit (ITC) gets updated correctly in your GST returns, you can follow these steps:
Step 1 : Make sure that all your purchases and expenses are correctly recorded in BUSY, including the appropriate GST tax codes.
Step 2 : Verify that the tax adjustment is showing correctly after entering the transactions. This will help ensure that the ITC amounts are being calculated accurately.
Step 3 : Regularly reconcile your purchase ledger with your GST returns to identify any discrepancies or missing entries.
Step 4 : If you notice any errors or missing ITC amounts, review the transactions and tax codes to ensure they are correctly tagged.
What is the process for filing GST returns in BUSY?
The process for filling GST Returns in BUSY is as follows
Step1 Open company and go to display menu
Step2 Click on GST Reports and then click on GST returns
Step3 Select the return filling option as per your requirement like GSTR1 ereturn GSTR3B Ereturn etc
Step4 Select direct upload or Json or plain Excel or CSV file or govt template as per your software supporing system
Step5 Select date range to file for and enable options as per requirement then press Ok
Step6 Check error reports and rectify the same
Step7 then generate Direct upload or any other mode of return as per your requirement
How do I handle VAT, GST, and other tax reporting requirements in BUSY?
In BUSY, you can handle VAT, GST, and other tax reporting requirements by following below given steps
Step 1: When you create company mention the taxation type VAT or GST.
Step 2: If you have mention taxation type while creating company it would create all relevant tax categories and sale types automatically.
Step 3: Now while enter voucher select correct sale type like Local GST and Central GST and while creating item master select correct tax category.
Step 4: By selecting correct sale type and tax categories in item masters it will automatically create Gst Reports.
Step 5: For viewing Gst Reports Go to display option and select Gst Reports option.
How to file GSTR- quarterly and what details does it capture in BUSY?
GSTR-1 is the return that reports the details of all the outward supplies of goods and services or both made by a taxpayer in different sections, such as B2B, B2C, etc.
To generate GSTR1 quarterly return, you need to follow these steps:
Step 1: Open the Display menu and select GST Reports.
Step 2: Choose GST Return and then click on GSTR1 eReturn.
Step 3: Choose the report format you want to generate, such as JSON, CSV File, As per Govt. Template, or Plain Excel.
Step 4: You can also Direct Upload to the GST Portal.
Step 5: Enter the period as per the quarterly and press Ok to generate the return.
What is the process to enter GST details in BUSY ?
The procees to add your GST details in BUSY for Automatic filling of returns is given:
Step 1: Go in administration.
Step 2: Select confguration.
Step 3: Go in features/option.
Step 4: Click on GST/VAT.
Step 5: Enable GST.
Step 6: Mention your type of dealer as regular/composition.
Step 7: Define return filling frequency.
Step 8: Add your GSTIN.
Step 9: Save the details.
Step 10: The can file return through,
.Go in display section
.Select Gst report option.
.Click on GST E return option.
.Then select the report generation basis and Generate after define the relevant information.
What is the process to Change new GST templates for gstr in BUSY?
Find out the steps to change new Gst template for Gstr1 in BUSY
Step 1: First download the latest gst template file from Gst portal in your system and extract that file in a folder
Step2 : Then Open the company in BUSY
Step 3 : Then go to Display menu
Step 4 : Then go to Gst report
Step 5 : Then go to Gst returns
Step 6 : Then select Gstr1 ereturns
Step 7 : Then select return generation method as Government template and then set new template path in e return template path option
Step 8 : Then generate return with new template
What is the process for GSTR Return file in json format to portal
To generate the JSON file from BUSY and upload it to the portal for GSTR1 Return file
you need to follow the steps
1 Go to display menu and click on GST reports
2 Then click to gst return then click to GSTR1 Ereturn
3 select JSON format and set the date range to generate file then select the path
where the file will generate and ok
4 Now login to GST portal and click on dashboard select the quarter and the period
then select the GSTR1 return file in offline mode
5 click on choose the file and select the path of JSON and save to upload it to poratl
Will the template I download today work for next month's filing also?
It depends on the type of template you had download today work for next month's filing also:
Step 1: If you are using the Returns Offline Tool provided by the GST portal, then the template you download today will work for next month's filing as well. The tool is updated regularly to incorporate any changes in the GSTR-1 format and validations. You can check the version history of the tool and download the latest version from the GST portal.
Step 2: If you are using any other Excel template downlaoded from GST portal, then you need to check if the template is compatible with the latest GSTR-1 format and validations.