Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
Why are non-GST expenses like oil purchase being included in my taxable amount calculation? I want these excluded.
To exclude Non gst expense like oil purchase which being included in taxable amount
calculation you need to follow the steps
Step1 need to ensure the expense voucher you have created its expense ledgers
tax category should be non gst
Step2 go to display menu and click on GST reports
Step3 Click on Gst returns and select GSTR 2
Step4 select the period and disable show exempt NR ZR entries in taxable invoice separately then ok
How should I maintain GST summary on a monthly basis? What entries are required for proper balancing?
get a consolidated GST tax summary across multiple months in BUSY by following these general steps:
Step 1: Once you are logged into the software, look for the Display menu.
Step 2: Within the Display menu, you should find a submenu or option related to GST tax summary .
Step 3: Click on it to proceed.
Step 4: In the GST Reports section,Look for the option labeled GST Summary
Step 5:Specify the date range of monthly and open the report .
I am unable to see the GST amounts broken down in the invoice print out? It only displays the total tax amount.
Here's how you can configure your invoice to display a detailed breakdown of GST amounts:
Step 1: Navigate to the invoice configuration settings. Step 2: Select standard configuration Step 3 : Select Sales Invoice Step 4: Click on Body configuration to configure columns . Step 5: set the width of the GST rate and amounts column . Step 6: save the configuration .
Step 7: For Advance invoice designing configuration contact to your dealer . It will be chargabel basis .
Why are ineligible ITC expenses still showing up in my reports even after I have marked them as ineligible and local purchase?
If your ineligible itc showing in report and you want it as ineligible in reports please folloe these steps:
Step 1 : Go to the Transacton menu .
Step 2: Then Click on Gst Misc Utilities option.
Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B
Step 4 : open the report from party or date-wise as required
Step 5 : Select the entry and press F4 to change the status and change it to ineligible
Where is the option to switch to manual upload of JSON file on the portal? I only see automatic upload option.
Find out the steps to succesfully Direct upload gstr from BUSY
Step 1: Go to the Administration menu and select Configuration.
Step 2: Choose Features / Options and then GST / VAT.
Step 3: Enter your GST portal username and make sure gst no also mentioned
Step 4: Then go the Display menu and select GST Reports.
Step 5: Then go to GST Returns
Step 6 :Then go to GSTR-1 eReturn and select Direct Upload option
Step 7 : Enter the date range and upload return
Is there a report in BUSY that shows bills pending payment for more than days along with the GST amount?
Yes, BUSY has a report which shows the pending bills older than 180 days. To generate that report follow these steps:
Step 1: Open your company then go to Display menu.
Step 2: Select GST Reports and click on GST Other Reports.
Step 3: Choose Bill wise ITC Reversal and can filter the report by One Party, Group of Parties, All Parties or Selected Parties.
Step 4: Enter the report date and mention 180 in Consider Peding bills older than field then open the report.
I made changes to the taxation settings in BUSY but it is still calculating GST incorrectly. What should I check?
To calculate GST accurately in BUSY , you can follow the steps below:
Step 1. Select correct transaction type for applying tax
Step 2. Then select item and open in modify by alt+m
Step 3. Mention correct tax rate according to item
Step 4. Check tax category of all items mentioned in then voucher should match as per supplier bill
By following these steps , you will be able to enter the GST rates accurately in BUSY.
I need to file GST returns for my composite scheme firm. How can I generate the GST details in BUSY?
for generate the GST details in BUSY for GST return for composite scheme firm follow these steps
step 1: go to the GST reports under display menu
step 2: open GST returns and click on GSTR return quarterly and monthly return
step 3: mentioned start and end date , also there is other relevant option you can select as per required .
step 4: after open report you can see all the deatils related GST under composite scheme .
I am getting an error message in BUSY that says "Internet not connected now". How can I resolve this connectivity issue?
To resolve this issue, follow these steps:
Step 1: Ensure that your computer is connected to the internet
Step 2: Temporarily disable or adjust the settings of your firewall to allow BUSY to connect to the internet. Step 3: Verify that your BUSY is correctly configured to connect to the internet.
Step 4: Ensure that you are using the latest version of BUSY.
Step 5:restarting the software can resolve connectivity issues.
Step 6: Reboot your computer to refresh network settings
How can I reconcile the number of sales vouchers generated with what is shown in the sales report in BUSY?
Reconciling the number of sales vouchers generated with what is shown in the sales report in BUSY,Here's how you can do it:
Step 1: Double-check for data entry errors, missing information, or duplicate entries.
Step 2: Incorrect ledger assignments can lead to discrepancies in the sales report.
Step 3; Verify that the date range you selected for the sales report matches the period Step 4: Identify Exempt or Zero-Rated Sales
Step 5: Cross-verify the total sales amount in your vouchers