Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
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.
I want to re-check if all transactions have correct GST details entered. What is the process?
To re check if all transactions have correct GST details entered, you can check GST registers such as Sales Register, Purchase Register, etc. To check them you can follow these steps:
Step 1: Go to Display menu and click on GST Reports.
Step 2: Select GST Registers and choose Sales Register, Purchase Register, etc as per the requirements.
Step 3: Select the proper filteration option and enter the date range.
Step 4: Open the report and check your transactions with GST details.
Why am I unable to generate certain GST reports even though my API is active?
There could be several reasons why you are unable to generate certain GST reports even though your API is active. Some possible reasons could be:
Step 1 : Incorrect API credentials entered in the software
Step 2 : Issues with the software configuration
Step 3 : Specific limitations of the software in generating certain reports.
Step 4 : It is recommended to check the API credentials, ensure proper software configuration, and consult the software provider for further assistance in resolving the issue.
I want to filter my GST report by voucher number, but it only works when I apply a BB filter. The filter does not work for BC transactions. How can I resolve this?
If you are unable to apply filters in your GST (Goods and Services Tax) report, to resolve using the following steps:
Step 1: Go to display menu in the comapny .
Step 2: nevigate the Gst reports option .
Step 3: Select specific report which you want to filter .
Step 4 : In the gst registers view the report and press F7 to filter the report .
Step 5 : Apply filter on Invoice no field .
I am trying to filter sales data by customer name to see sales only for that customer. But I don't see a filter option for customer name. Why is this not available?
To filter vouchers to update state codes in BUSY , to resolve using the following steps:
Step 1: Go to display menu in the comapny .
Step 2: Nevigate the Inventory reports option .
Step 3: Select specific report which you want to filter .
Step 4 : In the registers view the report and press F7 to filter the report .
Step 6: Seelct party name column
Step 5 : Apply filter on the field .
I am trying to show the output GST amounts for the month of March but it is showing the cumulative amount. How can I show only the month of March?
To show only the GST amounts for the month of March and avoid cumulative amounts, you may need to follow specific steps:
Step 1: Access the GST reporting section in BUSY from Display Menu .
Step 2: Select the Date Range in particular report
Step 3 : Use filters are filters available for the report.
Step 4: Double-check the transaction dates for GST entries in March.
Step 5: Look for options related to subtotals or groupings in your report.
Why is there a mismatch between the BUSY software records and what is shown in my GSTR on the portal? What could be the potential causes for this?
Here are some potential causes for this discrepancy:
Step 1: Incorrect data entry in your BUSY, such as entering wrong invoice details, tax amounts, or dates, can lead to discrepancies.
Step 2: Recording a transaction in a different financial period than when it occurred
Step 3: Failure to reconcile your accounting records with the auto-populated data in GSTR-2A Step 4: Mismatch in Tax Rates
Step 5: If you made amendments or corrections in your GSTR-1 on the portal after filing it through
I want to filter my GST report based on voucher numbers. But when I enter the voucher numbers and apply filter, no data is shown. What is wrong?
If you are unable to apply filters in your GST (Goods and Services Tax) report, to resolve using the following steps:
Step 1: Go to display menu in the comapny .
Step 2: nevigate the Gst reports option .
Step 3: Select specific report which you want to filter .
Step 4 : In the gst registers view the report and press F7 to filter the report .
Step 5 : Apply filter on Invoice no field .
I want to tag my expense transactions as registered, unregistered etc but don't see these options while booking expenses. How can I tag expenses this way in BUSY?
To tag my expense transactions as registered, unregistered etc but don't see these options while booking expenses,Please follow below steps :
Step 1: Enter expense transactions into BUSY through journal entry.
Step 2: Assign each expense transaction with gst nature in the journal entry .
Step 3: Generate Expense Reports go to the display menu .
Step 4: select GSt Reports
Step 5: click on GST Audit report .
Step 6: Select GST Audit report .
I need to generate sales report for a specific product. But I don't see any filter option for products. How can I filter sales reports by products?
To filter vouchers to update state codes in BUSY , to resolve using the following steps:
Step 1: Go to display menu in the comapny .
Step 2: Nevigate the Inventory reports option .
Step 3: Select specific report which you want to filter .
Step 4 : In the registers view the report and press F7 to filter the report .
Step 6: Seelct Item name column
Step 5 : Apply filter on the field .