Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reconciliation
How do I claim ITC in GSTR-B using BUSY? Is there any process to reconcile ITC with GSTR-A?
To claim Input Tax Credit (ITC) in GSTR-3B using BUSY, you need to reconcile it with GSTR-2A. BUSY provides a feature to reconcile ITC with GSTR-2A, which helps in identifying any differences between the two. By reconciling, you can ensure that the ITC claimed in GSTR-3B matches the details available in GSTR-2A.
There seems to be an issue with GSTR JSON from a particular month not downloading into the software. Can you check why the download failed?
If GSTR JSON is not downloading then you can check by Few things:
1. You need to check your internet connection .it should be stable.
2. Make sure that GSTR Return has filed for that period.
3. you check your system date and change it for that date when GSTR Return was being Filed.
I am trying to download version A of the software but getting an error message related to authorization token expiry. How can I resolve this?
While downloading GSTR-2A showing error message ' authorization token expiry' you have to follow:
Step 1 : Logout and login again
Step 2 : Check date and time settigs
Step 3 : Clear cache
Step 4 : Reset password
Step 5 : Check for updates
Step 6 : Check firewall settings
Why am I getting differences in taxable amounts between GSTR- and GSTR-A in BUSY after filing returns?
The differences in taxable amounts between GSTR-1 and GSTR-2A in BUSY after filing returns could be due to:
Step 1 : Missing or incorrect invoices in the GSTR-1 filing.
Step 2 : It is important to ensure that all invoices are included and accurately reported in GSTR-1 to avoid discrepancies.
Why am I seeing a different entry on the outside than what's showing inside for GSR B?
The difference between the entry on the outside and what's showing inside for GSTR-2B could be due to various reasons such as missing or incorrect data, delayed filing of returns, or mismatches in the entries. It is important to check the entries in both GSTR-2A and GSTR-2B to identify any discrepancies.
I am facing issue while downloading GSTR2A in BUSY. What should i do?
If you are facing issue while download GSTRA in BUSY, then you can try these troubleshooting steps:
Step 1: Run your BUSY as an administrator mode.
Step 2: Check your internet connection is proper.
Step 3: Ensure that your antivirus not blocking the BUSY application.
Step 4: Check your system date format and regional settings.
How do I reconcile filed GSTR- and GSTR-B in BUSY?
To reconcile filed GSTR-1 and GSTR-3B in BUSY, you can use the bank reconciliation feature. This feature allows you to match and clear vouchers, ensuring that the entries in both returns are synchronized. By reconciling the vouchers, you can verify if the transactions in GSTR-1 have been properly reflected in GSTR-3B.
Party unable to download Gstr json data getting stucked during the process.
There is some steps you can follow if getting stucked while downloading Gstr json data:-
1: Do Check System regional setting and select united kingdom in it.
2 : Set uac and compatability as run as admin and run as compatibility mode.
3: Then restart BUSY and then check done.
What details are available in the GSTR purchase reconciliation report?
The GSTR 2 purchase reconciliation report in BUSY provides details of purchase data present in BUSY and portal . It shows Party name, date of transaction, invoice number , bill value , taxable value, tax rate and tax amount in comparison of data present in BUSY and in GST portal.
I am unable to match the B bills downloaded from the portal with the bills in BUSY. It shows less bills than what is there on the portal. How can I get it to match completely?
To ensure that 2B bills downloaded from the portal match with the bills in BUSY follow below mention points:
1. Check the voucher date, voucher number, invoice value are matched with the GSTR 2B.
2. Tax rate and tax value charged in BUSY should match with the GSTR 2B.