Frequently Asked Questions

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

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 .

To sales invoice GST amount is not reconciling with GST returns,you can follow these 
 Step 1: Double-check the invoice details, including invoice numbers, dates, customer/vendor details, and tax rates.
 Step 2: Use the correct GST rates for different products or services, and ensure that you're charging and reporting taxes accurately.
 Step 3 : Regularly reconcile your sales and purchase data
 Step 4 : Ensure that no invoices are missed or duplicate 
 Step 5 : Periodically reconcile your GST returns

Here's how you can modify these sections in most GST reporting BUSY , Please follow steps : 
 Step 1: Check your transaction entries are tag properly as exempt, non-exempt, or zero-rated.
 Step 2: Locate the transactions that need to be modified, and open each one for modifing.
 Step 3: If a transaction was incorrectly categorized as exempt, non-exempt, or zero-rated, you can modify it to the correct category. 
 Step 4 : generate updated GST reports with the new changes.

it's common to have separate GST Reports and GST other Reports for specific purposes.
 Step 1: GST Reports menu display reports related to GST. Step 2; On clicking the GST Reports option, GST other Reports options appear.
 Step 3: GST Other Reports contain miscellaneous reports related to GST. On clicking the GST Other Reports option, following options appear: Tax rate - wise Output Tax Purchase / Expense wise ITC Bill wise ITC Reversal HSN wise Summary Input Available on Existing Stock

Follow these steps to fix the issue:
 Step 1: Identify the Incorrect Balances
 Step 2: Verify the data you imported, such as ledger balances and transaction history
 Step 3: Adjust these balances to the correct opening balances as of the begning of your financial year.
 Step 4: Make any necessary adjustments to these transactions to ensure they reflect the correct opening balances.
 Step 5: Generate a trial balance report to verify that the opening balances now match your corrected ledger balances.

Managing both GST (Goods and Services Tax) and VAT (Value Added Tax) payments of Rs. 2000 per year, while keeping accurate records, requires some attention to detail.Remember that the specific rules and regulations for GST and VAT can vary by location, so it's crucial to stay informed about your local tax laws and seek guidance from tax authorities or professionals as needed. Additionally, utilizing accounting software tailored to your tax needs can significantly simplify the process of managing these tax obligations.

Items being classified differently in separate invoices in BUSYcould be due to various reasons, including:
 Step 1 :Data entry errors can result in the same item being classified differently on separate invoices.
 Step 2 :If you have created custom item categories for specific invoices, this can lead to different classifications.
 Step 3: Ensure that you consistently apply the correct tax rates to items.
 Step 4: The item master data in your software might contain variations in item descriptions, categories, or rates.

to see the split of expenses as registered, unregistered and exempt in the standard reports, you can follow these 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 .

If the value in GST return and sale register not matching, you can check the options mentioned below:
 Step 1: Go to display then GST report now click on gst audit reports
 Step 2: Then select reconcile account and GST option and select sales
 Step 3: Mention date range and open report 
 Step 4: In this report you can check mismatched transaction with comparison to check mismatched value
 Step 5: Correct all the transaction present in the report