Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reconciliation
How can I manually download GSTR filings from the portal when auto download is not working?
To manually download GSTR filings from the portal when auto download is not working, you can log in to the GST portal and navigate to the respective GSTR section e.g., GSTR 1,GSTR 2A, GSTR 2B. Look for the option to download the filings in JSON format. Save the file to your computer.
To Reconcile GST data with the manually downloaded JSON file, follow the below steps:
Step 1: Go to Transaction tab and click on GST Misc. Utilities.
Step 2: Click on Download GSTR JSON data and select return as per required.
Step 3: Click on Manual option and specify JSON file path.
Step 4: Now can Reconcile GSTR data with manually download GSTR JSON Data.
What is the process to do one-by-one or bulk GST reconciliation for a particular month?
To do one-by-one or bulk GST reconciliation for a particular month in BUSY, you can follow these steps:
Step 1. Click on transactions.
Step 2 . GST misc utilities
Step 3. Select the Reconciliation option.
Step 4. Choose the desired month for reconciliation.
Step 5. If you want to reconcile one-by-one, select the transactions one at a time and reconcile them by matching the GST amounts.
Step 6. If you prefer bulk reconciliation, you can import the GST data for the selected month and reconcile it in one go.
Step 7. After reconciling the transactions, review the reconciliation report to ensure accuracy.
Step 8. Save the reconciliation report for future reference.
I want to claim ITC in BUSY based on my purchases. What is the process?
To claim the ITC in BUSY based on your purchases follow the steps
1 go to transaction menu and click on gst misc utilities
2 then click on download GSTR data
3 then click on download GSTR2A or GSTR2B json data
4 after the download click on reconcile gstr data and reconcile as per party
wise or date wise
5 then after the reconcilation process click on monthly ITC tagging as per
GSTR2A or 2B party wise or date wise then selct the month range and ok
6 select the pending status vouchers and press F4 to claim ITC
7 select ITC status claimed and select the return perion and ok
What should i do if OTP not receive at the time of downloading gstr data in BUSY?
If you are unable to receive Otp at the time of downloading gstr data so make sure to mention correct gst portal user name in the GST/VAT feature under feature option and also Api is enbaled from gst portal by following below steps:
Step1: Open your web browser and login gst portal with username and password
Step2: Then click on View profile option shown in the right side of the screen and then select Manage API access option display on the left side panel
Step3: Now select as Yes and 30 days and then press on confirm and save the changes
Step4: Afterward, you can download gstr data in BUSY without any error
What is the meaning of Register in BUSY? How do I check Gstr a register from BUSY?
Register in BUSY means you have recored entry in BUSY .
For check Gstr 2a data you have to download gstr 2a, For download gstr 2a please follow these steps:
1. Go in administration then go in configuration
2. Then go in Features/options then go in Gst/vat
3. Mention Gst portal user name and save configuration
4. Then go in Transaction then go in Gst miscellaneous utility
5. Then go in download Gstr Json data and click on download gstr 2a
6. Download gstr 2a month wise or quaterly as per your busniess requirement
7. Then go in Reconcile gstr data then go in Reconcile Gstr 2a party wise and check gstr 2a data
How do I reconcile my BUSY data with my GST returns filed on the government portal?
If you want to reconcile your BUSY data with GST portal data please follow these steps:
Step 1: Go to administration menu then Click on Configuration option
Step 2: Then click on features and options
Step 3: Now Click on gst/vat button
Step 4: Now mention the gst portal username and click on save button to save it.
Step 5: Ensure that API access should be enable from GST portal
Step 6: Then go to transactions menu
Step 7: Then click on GST miscellaneous utilities option
Step 8: Then click on download GSTR json data
Step 9: Then you can download your gstr data and reconcile it from the reconcile GSTR data option
How can I reconcile data or upload GST data to government portals using BUSY?
For Reconcile data please follow these steps:
1. Go in Administration then go in configuration
2. Then go in Features/Option then go in Gst/Vat
3. Mention Gst portal user name and save configuration
4. Then go in Transaction then go in Gst miscellaneous utilities
5. Then Download GSTR JSON data
6. After download Gstr Json data click on reconcile gstr data and reconcile
For Data upload on Gst portal please follow these steps:
1. Go in display then Go in gst report
2. Then go in gst Return and click on gstr eReturn
3. Then select method like json,govt template and csv
4. After that login gst portal and upload file
How to download gstr data from portal to reconcile my BUSY data?
If you want to reconcile your BUSY data with GST portal data please follow these steps:
Step 1: Go to administration menu then Click on Configuration option
Step 2: Then click on features and options
Step 3: Now Click on gst/vat button
Step 4: Now mention the gst portal username and click on save button to save it.
Step 5: Ensure that API access should be enable from GST portal
Step 6: Then go to transactions menu
Step 7: Then click on GST miscellaneous utilities option
Step 8: Then click on download GSTR json data
Step 9: Then you can download your gstr data and reconcile it from the reconcile GSTR data option
How does the comparative feature work in BUSY?
The comparative feature in BUSY GST data between portal data in BUSY, follow these steps:
Step 1 : Download the 2A and 2B GST data from the portal.
Step 2 : Open BUSY and go to the reconciliation section.
Step 3. Enter the GST portal name and user credentials in the reconciliation section.
Step 4. Import the downloaded GST data into BUSY.
Step 5. Review and match the register entries with the portal data.
Step 6. Make any necessary corrections or adjustments in BUSY.
Step 7. Once the data is reconciled, generate the GST return file in JSON format.
Step 8. Upload the JSON file to the government portal for filing the GST return.
The reconciliation between B downloaded from the portal and as per books in BUSY is not matching. What could be the reasons and how can I go about debugging it?
If there are discrepancies between the 2B downloaded from the portal and the books in BUSY,
There can be many reasons for this which are given below:
Step 1 : Delay in data update
step 2 : Incorrect data entry
Step 3 : Missing invoices
Step 4 : Mismatch in GSTIN or tax rate
Step 5 : Invoice date
Step 6 : Invoice upload error
Step 7 : ITC reversal
To resolve these discrepancies, you can double-check the data entered, ensure invoice details match between BUSY and the GST portal, reconcile missing or duplicate entries, and review and correct any errors in GST configuration.