Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reconciliation
I want to tag my entries so they show up correctly. How can I do that in BUSY?
If you want to tag your entries as per GSTR 2A and 2B data then please follow the given
steps
Step 1: Make sure you have downloaded the gstr 2A and 2B data.
Step 2: Go to transaction menu then GST misc. utilities.
Step 3: Then monthly ITC tagging as per GSTR 2A or 2B then party wise
Step 4: Then select start month and end month and enable the desired option
then ok.
Step 5: Then list of voucher will be load then selec transaction and press F4 on key board
then ITC claim status window will open.
Step 6: Then select ITC status claimed then select return period then select
GSTR 2B status and select GSTR 2B then Ok. then status will be shown
in ITC status column.
Step 7: Then purchase voucher will be shown as per the ITC in gst summary but make
sure pick relevant itc from month itc tagging must be enabled.
The GST filing amounts I had processed earlier in BUSY are now showing different values. The reports do not seem to be updated. How can I fix this?
If the data on gst portal after filling showing different as per BUSY data,then you need to check that maybe after return filled,data from BUSY has been modified or deleted or any ammnedment made on portal.
And to reconcile gst reports,follow these steps
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. First download gstr json data for particular month and 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 am not able to claim input credit for my pending invoices. What is the solution?
To claim input credit for your pending invoices, you need to follow the below steps:
Step 1: Go to the administration menu and select the configuration option.
Step 2: In the configuration option, select features and options.
Step 3: Then select the GST/VAT option and make sure to mention Y in the enable ITC tagging. After that, click on the save button.
Step 4: After that, go to the transcation option and select the GST misc. utilities option.
Step 5: Then select monthly IT tagging as per 2A or 2B.
Step 6: In the next window of monthly ITC tagging to be shown, select party-wise or date-wise as per your requirement.
Step 7: After that, select the period for which you want to use tagging.
Step 8: Now press the F4 key to change status from pending to claimed and mention the period in which to select the return period.
Step 9: Then you can check the Gtsr3b report by enabling the option to pick relevant ITC from the monthly ITC tagging.
Can BUSY provide me with the data that was actually filed in the GST returns?
Yes, BUSY can provide you with the data that was actually filed in the GST returns.
Check out the steps to reconcile GST data in BUSY from portal :
Step 1: Go to Administration menu and Then Configuration.
Step 2: Then go to Features / Options then go to GST / VAT and Enter your GST portal username in the GST Portal User Name field and save it.
Step 3: Then go to Transaction menu and Then go to GST Misc Utilities.
Step 4: Then go to Download GSTR JSON Data
Step 5: Then select Download GSTR1,GSTR2A, GSTR2B or GSTR3B as required.
Step 6: Click on the download button along with the month then verify with OTP and download it.
Step 7: Now, under the GST Misc. Utilities select the Reconcile GSTR Data option.
Step 8: Chose Reconcile GSTR1, GSTR2A, GSTR2B or GSTR3B as per the requirements.
Step 9: Enter the period and can match your GST portal data with BUSY data.
How can I ensure that GSP data from Delhi to Delhi (July to September) becomes visible in BUSY software?
Here's a simplified step-by-step guide:
Step 1:Open BUSY Software:
Step 2:Go to the Transaction menu and select GST Misc. Utilities.
Step 3:Choose Reconcile GSTR Data and then select the desired report (GSTR1, 2A, 2B, 3B, etc.).
Step 4:Confirm that the date range or filter settings include the period from July (07) to September (09).
Step 5:If the data is still not visible, review the data entry to ensure transactions for this period are entered correctly. Click on the Download option to download data for the given period (July to September).
Step 6:Ensure that the GSP data for Delhi to Delhi during this timeframe has been successfully recorded.
If the issue persists, check if Manage API Access is set for 30 days on the GST portal, and ensure BUSY has full permission.
By following these steps, you can troubleshoot and ensure the visibility of GSP data in BUSY software for the specified period.
What should I check to resolve the mismatch between purchase register GST data and the portal information?
To resolve the mismatch between purchase register GST data and the portal information, you should check the following:
Step 1 : Verify that all the purchase bills have been entered correctly in BUSY.
Step 2 : Ensure that the GST input has been correctly recorded for each purchase bill in BUSY.
Step 3 : Check if there are any missing or duplicate entries in the purchase register.
Step 4 : Compare the purchase register data in BUSY with the data on the GST portal to identify any discrepancies in invoice numbers, dates, or amounts.
Step 5 : Make sure that the GSTIN (GST Identification Number) of the suppliers is correctly entered in BUSY.
Step 6 : Double-check the tax rates and HSN codes entered in BUSY to ensure they match with the portal data.
Step 7 : If necessary, download the JSON data from the GST portal and compare it with the data in BUSY to identify any missing or incorrect entries.
I am unable to reconcile my GST data on portal with BUSY data. What could be causing this discrepancy?
If the data on gst portal showing different as per BUSY data,then you need to check that maybe after return filled,data from BUSY has been modified or deleted or any ammnedment made on portal.
And to reconcile gst reports,follow these steps
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. First download gstr json data for particular month and 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 am facing issues with downloading GSTR- data. What should I do?
Follow below steps to resolve the issue while downloading GSTR 1:
Step 1: GST return of that particular period is file on portal or not.
Step 2: Check your date format first, as if you are downdloading last month GSTR data then your system date must be one month after of filling period.
Step 3: Check antivirus firewall settings, as internet connection reached on BUSY server or not.
Step 4: Update BUSY with latest release.
Step 5: Check regional settings of your system.
Step 6: Allow permission to access API from GST portal.
.Click on GST portal.
.Go on my profile, click on manage API access.
.Allow duration on API access, confirm it.
Step 7:Done compatibilty as click on BUSY icon, then go in properties,select compatibilty and click on run this program in compatibilty made for.
For Further Assistance contact To Our 24*7 Centralized customer support on 8282828282 or 1140964096 & You Can Also Mail us on Support@busy.in
The input tax credit amount reflected in BUSY does not match my GST/VAT records. What should I check to reconcile ITC between software and government data?
To reconcile ITC in BUSY transaction and Government portal data , you can follow the below steps:
Step 1: Go to administration
Step 2: Click on configuration then features / options
Step 3: Select Gst/ Vat feature
Step 4: Mention GST portal user name and save
Step 5: Then go to transaction and click on gst misc. utilities
Step 6: Select download GSTR jason data
Step 7: Select to download gstr 2A or 2B as per requirement
Step 8: Download file for the month want to reconcile data for ITC
Step 9: After downloading file go to reconcile GSTR data
Step 10: You can select option for reconcile as party wise or voucher wise as per requirement
Step 11: Select starting and ending date and open report to reconcile
Step 12: Mismatcher entry will show in red in colour compare the data for mismatch from BUSY and jason
After finding out the mismatch make changes according to your requirements in BUSY .
How to reconcile GSTRA in BUSY?
To reconcile your GSTR-2A with Purchases in BUSY, you need to follow these steps:
Step 1: Open the Administration menu and select Configuration.
Step 2: Choose Features / Options and then GST / VAT. Enter your GST portal username in the GST Portal User Name field and save it.
Step 3: Next, open the Transaction menu and select GST Misc Utilities.
Step 4: Choose Download GSTR JSON Data and select Download GSTR-2A.
Step 5: Click on the download button along with the month then you will receive an OTP on your registered mobile no and email id, enter that OTP and can download.
Step 6: Now, under the GST Misc. Utilities select the Reconcile GSTR Data option.
Step 7: Chose Reconcile GSTR-2A (Party Wise) / (Vch. wise) as per the requirements.
Step 8: Enter the period and can match your purchases with GSTR-2A.
Note: Please ensure the API access is enabled on GST portal to receive OTP.
