Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I am not able to upload BB invoices from BUSY. It only allows BC invoices. Please advise.
If you are not able to upload B2B invoices from BUSY, It only allows B2C invoices. You need to follow the below option:
If your client is not registered for GST, treat the transaction as B2C, so you have to check that all B2B invoices must be from the registered party, and if your client has a GST number, consider it a B2B transaction.
You can find this information in the GSTR1 Return, where both types of transactions are listed separately in their respective sections.
I want to claim ITC credit for the current period. How do I do this in BUSY?
To Tag entries in monthly GST retuen please follow below steps :,
Step 1 : To change the status pending ITC Entries go to the Transacton menu .
Step 2: Click on Gst Misc Utilities option.
Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B
Step 4 : Select Partywise .
Step 5 : In report view enable show previous year transaction .
Step 6 : Select the entry and press F4 to change the status ,
My accountant is asking me to set off GST but I don't know how to do it in the software. Could you please guide me on the steps to do set off of GST in the software?
You can easily pass Gst adjustment entry from BUSY For pass Gst adjustment please follow these steps:
1. Go in Display then go in gst Report
2. Then go in Gst summaries mention date range and open Report
3. After open report press f4 and click on input/output adjustment tab and save entry
4. Then press f4 again and click on cross adjustment tab and save entry
5. Then press again f4 and click on Regular gst payment
I need the item details along with HSN code in my GST report. Currently, only HSN code is showing but item name/details are not coming. How can I get the item details to appear?
need the item details along with HSN code in GST report, for that follow these steps
step 1: Go to the GST reports under display
step 2: open GST registers and click on Sales register
step 3: then select combined option then item wise then both B2B and B2C
step 4: select series ,relevant dates and other details then open report
step 5: click on custom column and add HSN code column then save it and open report again
I want to purchase goods locally and write them off as ineligible ITC. But the system is still showing it as a pending ITC credit. What should I do?
you need to take the following steps to rectify the situation:
Step 1 : To change the status pending ITC Entries go to the Transacton menu .
Step 2: Click on Gst Misc Utilities option.
Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B
Step 4 : Select Partywise .
Step 5 : In report view enable show previous year transaction .
Step 6 : Select the entry and press F4 to change the status ,
What steps should I take if my C.A. says there is a problem with my G.S.T. matching but I don't follow what they are telling me?
precautions should I take before filing GST to avoid mismatches, please follow below steps :
Step 1: Verify that the tax rates and values match the invoices and are correctly categorized.
Step 2: Enter details of your purchase transactions, such as invoices, debit notes, and credit notes.
Step 3: Reconcile your data with your financial records to ensure all sales and purchases
Step 4: Generate GST returns and summary reportsincludes GSTR-1 (for outward supplies), GSTR-2 (for inward supplies), and GSTR-3 (monthly summary).
I am unable to see the ITC claim summary section in my GST return filing after making it invisible. How can I make it visible again?
To Tag entries in monthly GST retuen please follow below steps :,
Step 1 : To change the status pending ITC Entries go to the Transacton menu .
Step 2: Click on Gst Misc Utilities option.
Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B
Step 4 : Select Partywise .
Step 5 : In report view enable show previous year transaction .
Step 6 : Select the entry and press F4 to change the status ,
When I try to upload the CSV file from BUSY to Excel, I get a runtime error and the software crashes. How can I resolve this?
If you are facing runtime error while exporting data from BUSY to excel please ensure given points:
1. Make sure you are using current and latest release of BUSY software
2. Ensure that you have the excel 2013 and onwards for proper exporting
3. Make sure your gst data is correct
4. You can repair your excel and then try to export CSV file again
5. If same issue persist you can check by exporting CSV from another PC or reinstall your BUSY
What steps should I take if my sales entries and GST data do not match when filing returns? How can I identify the cause?
To resolve the mismatch in sale and GST Data you can follow steps :
Step 1- Take the backup of your concern company.
Step 2- Open your company and go to house keeping
Step 3- After click on house keeping Click on the Update Voucher GST Summary.
Step 4- Click on the partial or can select full and run the process.
Note: If issue exist then you need to check in short range in sale and GST reports.
Why am I unable to see my B report for the full year? How can I generate the B report for the past months?
To see the GSTR 3B report for full year or for past 5 months follow the steps
Step1 Go to administration menu and click on Configuration
Step2 click on feature option and click on GST VAT option
Step3 Select Return filling frequency as default and save
Step4 then go to display menu and click on GST reports
Step5 Click on GST Return and select GSTR 3B then select the date range as per your requirement
and ok