Frequently Asked Questions

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 ,

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).

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.

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.

Here's the difference between these reports:
 Step 1: The Combined GST report is an overview of GST transactions that combines both Central GST (CGST) and State GST (SGST) information.
 Step 2: CGST is collected by the Central government, and this report provides details of your CGST transactions, including tax collected and tax paid for inter-state supplies.
 Step 3: SGST is collected by the State governments, and this report provides details of your SGST transactions, including tax collected and tax paid for intra-state supplies.

To see party wise tax setup you can check sale or purchase report with tax rate and to see this you can follow some steps:
Step 1: Go to Display and then click on GST reports.
Step 2: Now click on GST Registers and then click on supply outward Register or Supply Inward Register
Step 3: Now click on option for Party to see report and filer on period and enable Show Qty. Details option and enable other option as per your requiremen and check reports.

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 ,

To tag a unreconciled puchase bill throgh ITC tagging in BUSY, you need to follow these steps:
 Step 1: Open the Transactions menu and select GST Misc. Utilities.
 Step 2: Choose Montly ITC Tagging as per GSTR-2A / 2B and enter the period then Select ITC Status as Pending.
 Step 3: The report will show you all the pending transactions. 
 Step 4: You need to press F4 to change the status and select ITC Status as Claimed and mention the return period.

Here are the different ways to file GSTR-1 from BUSY: Step 1: Go to Display tab and click on GST Reports. Step 2: Select GST Returns and choose the return options the you want to generate such as GSTR-1 eReturn, GSTR-3B eReturn, etc. Step 3: Select Report to be generated options such as Direct Upload, JSON, CSV File, etc.( Direct Upload option is currently available for GSTR-1 only). Step 4: Enter the period and can generate GST Returns according to the option selected.

To adjust the input/output in GST Summary in BUSY, follow these steps:
Step 1: Open BUSY and choose the company you want to work with. Then, go to the Display tab and click on GST Reports.
Step 2: Choose GST Summaries and open GST Summary.
Step 3: Enter the date range for the report. You should do GST adjustment on a monthly basis.
Step 4: Verifty that all the data showing in this report is correct.
Step 5: Press F4 and select Input/Output Adjustment option. Save the voucher.