Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I want to view my previous GST reports generated in BUSY. How can I access the historical reports?
In BUSY software, you can extract your GST Reports 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 Reports.
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 yearly and open the report .
What should I do if my Excel version is below and I want to export the GST report?
You can export your GST Reports in below 2016 verion of excel but in case if show error about 97 version error during the Export from BUSY then you can repair your excel from control panel in your system and then restart your system and then exprot GST Reports.If issue persist then need to make sure that Excel and BUSY has installed in same drive.If still issue persist then you can reinstall your excel with heigher Version,
Why am I not able to see the tax amount breakup for my purchase and sales vouchers?
To check tax amount biffurcation for my purchase and sale voucher then follow the steps:
Step 1: Go to display menu
Step 2: Click on gst report
Step 3: Then click on gst registers
Step 4: Then click on sale/purchase register option
Step 5: Then select option as per your requirement and specify date range and click on OK button
Step 6: Here you can check the sale/purchase vocuher with biffurcation of tax
I need to segregate GST input credit for local, non-GST and non-local supplies. How can I view these summaries separately in BUSY?
To view the gst input details with filters on gst input local, inter state etc. follow below steps:
Step 1: Go to display option and select gst reports.
Step 2: Then select gst register and then click on purchase register.
Step 3: Now it will ask you to filter on the basis of local, interstate or b2b, b2c etc.
Step 4: Then in the next window mention date range for which you want to view report.
The taxable value shown in my GST report does not match my calculations. How can I get the accurate taxable value in this report?
The taxable value shown in my GST report does not match my calculations, please follow below steps :
Step 1: Double-check all transaction data entered into your software.
Step 2: Regularly reconcile the data in your accounting software with the source documents, such as sales invoices, purchase invoices, and bank statements.
Step 3: checks for valid GSTIN, tax rates, and other compliance requirements.
Step 4: link your sales and purchase data directly with e-invoicing systems.
I want to tag my freight charges and other additional costs appropriately before or after GST. What is the correct method I should follow?
To tag my freight charges and other additional costs appropriately before or after GST in BUSYhere are some steps to resolve this issue:
Step 1: Add new invoice from transaction menu .
Step 2 : Select sales option and then ADD
Step 3: add relavant information in invoice , item name , priice , quantity , tax amount etc.
Step 4: Add bill sundry forpackaging and forwarding charges
Step 5: and Save the Invoice
The totals and tax amounts are not calculating properly in the GST R report. It is showing double values. What could be the reason?
The totals and tax amounts are not calculating properly in the GST R1 report. It is showing double values for that kindly ensure few things
1. Double-check your data entry to ensure that you haven't accidentally entered the same information twice. This could include invoices, transactions, or any other data relevant to the GST R1 report
2. Verify that the tax rates applied to your transactions are correct. Sometimes, incorrect tax rates can lead to miscalculations
I want to see proper reconciliation of input tax and output tax in books of accounts. What reports or steps should I follow?
If you want to make sure that your input tax and output tax in your accounting books match up correctly, here's how you can do it in simple Steps:
Step 1: invoices, bills, and receipts for both the input tax and the output tax.
Step 2: Calculate Input Tax:
Step 3: Calculate Output Tax
Step 4: Compare the total input tax with the total output tax.
Step 5: Make Correctionsmissing invoices, adjusting calculations, or fixing any errors.
Why am I unable to see the GST amount details in the software?
If you are unable to see the GST (Goods and Services Tax) amount details in your software, Please follow below steps : Verify that you are Step 1: working with the correct invoice or transaction
Step 2: Check the date range of the report and transaction
Step 3: Ensure that you have the necessary user permissions to view and access GST-related information.
step 4: refresh data using update voucher gst summary from housekeeping menu .
Do I need to configure/set up anything in BUSY before generating GST reports?
Yes, you need to configure some settings in BUSY software before generating GST reports. You need to do the following steps:
Step 1: Set up your company details, such as name, address, GSTIN, etc.
Step 2: Set up your tax rates and tax types for different items and services.
Step 3: Set up your sale purchase types and use them to the relevant vouchers.
Step 4: Set up your GST report preferences, such as filing frequency, etc.