Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I am trying to filter sales report for only sale parties. But purchase parties are also getting included. How can I exclude purchase parties from sales reports?
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 .
The sales amount in my balance sheet is different from the amount shown in the GST reports. How can I find the vouchers causing this difference?
Here's a step-by-step approach to address this issue:
Step 1: Review the Sales Analysis Report.
Step 2: Check the data entry for sales transactions.
Step 3: Cross-verify the sales entries with the corresponding invoices and receipts.
Step 4:Make sure that the amounts, dates, and customer details match in both the sales records and invoices.
Step 5: Compare your financial statements, bank records, and other financial data .
Step 6: If you are using custom reports or filters to generate the sales report.
How to feed import purchases?
To feed the import purchases, you need to follow the below steps:
Step 1: Go to Transactions, then select Purchase, then select Add, then select series, date, voucher number, and
Step 2: Select the purchase type as import purchase to enter the import purchase entry, then select party
Step 3: and then select the item detail and relevant information and select the bill sundry detail for custom duty, additional Cess, IGST, etc.
Step 4: Gather relevant information and save the voucher by pressing F2 and Save.
What GST features are available in BUSY?
BUSY offers serveral GST feature, including:
1. GSTIN validation option is available, you can validate the GST number in party master.
2. HSN/SAC code validation option is available, you can validate the HSN/SAC code in item master.
3. You can Directly upload GSTR1 from BUSY.
4. Through BUSY, you can also generate automatic E way and e invoice.
5. GST reconciliation feature is also available, where you can donwload the GSTR JSON data of GSTR 2A, GSTR2B, GSTR1 and GSTR3B and can cross verify with BUSY data.
Why are expenses booked through general entries not reflecting in my GST return? How do I link these properly?
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 want to view the details of each transaction in my GSTR- report. How can I do this?
To view the details of each transaction in your GSTR-1 report, you need to follow the below steps:
Step 1: Go to Display, then select GST Reports, then select GST Returns, then select GSTR-1.
Step 2: then select the relevant information and select the date range, then press OK and F2 to load the report.
Step 3: After loading the report, you can see the section-wise details. Click on the required section, and you can find the tax amount.
I am unable to view reports from my account register. What should I do to resolve this?
Here are some common reasons for this discrepancy:
Step 1: Incorrect data entry or missing entries.
Step 2: Invoices recorded in your accounting software and the GST portal may not align if they are for different periods.
Step 3; Rounding variances in calculations can result in small discrepancies. Step 4: You can filter by transaction type, category, or specific criteria to refine the report's results.i
Step 5;Double-check the date range for the report. Step 6: Make sure you have the necessary permissions
How can I reconcile my data between the ITC claims in BUSY and actual GST portal data?
reconcile my data between the ITC claims in BUSY and actual GST portal data, you can try the following steps:
Step 1: Go to the BUSY .
Step 2: Navigate to the transaction section.
Step 3: Look for the option called GST MIsc. Utilities.
Step 4: Select the option to download both 2A and 2B GSTR reports.
Step 5: Reconcile the information between the two reports.
Step 6: Once the reconciliation is complete, you should be able to download the transactions successfully.
How to ensure complete accuracy between debit and credit values when filing GST returns on the portal?
To ensure complete accuracy between debit and credit values when filing GST returns on the portal, it is important to carefully reconcile and match the debit and credit entries in your accounting software. Double-check that all debit and credit notes are correctly linked to the relevant invoices. Additionally, verify that the HSN codes and tax rates are accurately entered for each transaction. Regularly review and reconcile your books with the GST returns to identify any discrepancies and make necessary corrections before filing.
The sales register or GST reports are not matching my expectations. How can I extract accurate reports?
Here are some common causes and steps to help you identify and address the issue:
Step 1: Verify that the date range corresponds to the current GST filing period.
step 2: Double-check your data entry to ensure that all GST-related transactions for the current period have been accurately recorded in BUSY
Step 3: Verify that your BUSY software is correctly configured for GSTN
Step 4: Confirm that you have the necessary permissions and access rights in BUSY to generate GST Summary reports.