Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
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
I am unable to see the option to claim ITC on debit notes in my GSTR-B return. Why is this option not visible?
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 ,
What precautions should I take before filing GSTR- to avoid mismatches with my books of accounts?
precautions should I take before filing GSTR-1 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 want to export my GST sales register for last months. What are the steps?
To export your GST sales register for the last 3 months in BUSY, follow these steps:
1. Go to the GST Reports section.
2. Select GST Registers.
3. Choose Sales Register.
4. Set the date range for the last 3 months.
5. Click on the Export button.
6. Choose the desired file format (Excel or PDF) to export the report.
By following these steps, you will be able to export your GST sales register for the last 3 months in BUSY.
What transactions or calculations can impact the totals in my GST summary being incorrect?
All the transactions having the tax calculation affect the GST Summary totals in BUSY.
Further, these mistakes can also impact the GST Summary.
1. In the Item master and Sale / Purchase Type Master the option of Skip in GST Reports is Y.
2. Voucher is saved without applying the tax.
3. The tax account selected in the sale/purchase type and tax bill sundries is incorrect.
4. The tax type selected in the tax accounts, such as IGST, CGST, SGST, etc., is wrong.