Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
There are missing watchers in my GST report. How can I get the complete list of watchers to appear in the GST report?
get the complete list of vouchers to appear in the GST report then make sure few things
1. check if in sales type or item master skip in GST option was enabled if its enabled then disable it and then save invoice again
2. make sure that your all transactions would be completed.
3. in accounting voucher who reflected in GST reports like credit/debit notes w/o item make sure that GST basis not selected as not applicable.
Why am I unable to generate combined reports for my BB and BC sales in BUSY?
If you are unable to generate combined reports for your B2B (business-to-business) and B2C ,Here are some steps:
Step 1: Ensure that you have correctly categorized your sales transactions as B2B and B2C. Step 2: Make sure you are using the latest version of BUSY.
Step 3: Check the GST configuration settings .
Step 4: Review BUSY's user manual or documentation for specific guidance .
Step 5: Ensure that you are complying with the tax regulations in your region.
How can I claim ITC for invoices that were uploaded late by vendors using BUSY software?
Claiming Input Tax Credit (ITC) for invoices that were uploaded late by vendors using BUSYcan be done by following these steps:
Step 1: you want to claim ITC meet the eligibility criteria under the Goods and Services Tax (GST) laws in your country.
Step 2: Reconcile with Vendor's GST Returns
Step 3: Periodically check the updated GSTR-2A or GSTR-2B to verify if the vendor has included the late invoices in their returns.
Step 4:Claim ITC in Your GST Return
Why am I unable to see the tax amounts separated properly in my GSTR- report?
To see the tax amounts separated properly in my 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 want to view the list of generated E-Way bills for my business. How can I see the list in BUSY?
To view the list of the vouchers for which you have generated the Eway bill please refer to the steps below :
1. Go to Transaction menu
2. Click on GST Miscl. Utilities
3. Eway Bill management
4. Click on Generate and print Eway bill tab
5. Select the option Automatic or Josn
6. Select voucher type date range and load the list
7. Here you can view the list of the vouchers with proper details for which you have generated the eway bill
I'm having trouble filtering and finding all records with a certain HSN code. How can I efficiently filter by HSN code?
To troubleshoot of filtering and finding records with a certain hsn code you can
follow the steps
1 Go to Display and click on Gst reports then click on gst register
2 select sale or purchase register
3 select combined then hsn code wise then select both B2B and B2C
4 select date range and account master master then enable filter on HSN and
type the HSN code and ok to see only this HSN wise sale or purchase
I want to compare my sales figures across various months. What is the easiest way to do this in BUSY?
In BUSY, comparing sales figures across various months ,Here's the easiest way to do it:
Step 1: Look for an option to specify the date range for the sales report
Step 2: Click the Generate button to create the sales report for the chosen date range.
Step 3: You can review the sales figures for each month within the selected date range.
Step 4: Allow you to export the report to a file format such as PDF or Excel.
I have reversed some ineligible ITC that was earlier claimed. However, I am still seeing a difference in my GST return B and books of account. How can I resolve this?
If have reversed some ineligible ITC that was earlier claimed, have to post ITC reversal entry in BUSY.
To add journal voucher for Ineligible ITC or ITC reversal voucher follow the below steps:
1. Go to the transaction tab.
2. Add journal voucher and then select GST Tax adjustment in GST Nature.
3. Pass accounting entry then while saving the journal voucher GST adjustment window will appear then specify GST Adjustment type ITC Reversal/Ineligible ITC.
I am trying to see the quantity details in the purchase records but cannot find the right option. What should I do to view quantity details?
You can view the purchase quantity in details, need to follow th below mentioned steps :
Step 1: Go to Display then select GST Reports.
Step 2: Click on GST Registers and then select supply inward register.
Step 3: Select party accordingly like wise one or all parties.
Step 4: Enable the quantity details and enable disable other optios as per your requirement.
Step 5: Now you can check the purchase report with quantity.
How can I correct GST return discrepancies caused by incorrect tax slab percentages?
Here's how to troubleshoot and potentially resolve it:
Step 1: Verify the Invoice Date
Step 2: Ensure that you have entered the correct GSTIN details for both your business and the customer in the invoice.
Step 3: Double-check the entry of the sales invoice to confirm that you have selected the correct GST category
Step 4: Reconcile your sales invoice data with your GST reports
Step 5: Confirm that the date range selected when generating the GST return