Frequently Asked Questions

If you want to see a summary of supply outward and inward in BUSY please follow these steps:
Step 1: Go to display menu then click on GST reports submenu
Step 2: Click on GST registers and then click on supply outward and inward register as required
Step 3: Select the report to generate for all party,one party or ONE gstin
Step 4: Specify the date range and select appropriate option as required and click on ok to generate the report 

You to follow below steps to know the process of passing cross adjustment entries in BUSY:
 Step 1: Go to Display then click on GST reports.
 Step 2: Then Click on GST Summaries.
 Step 3: Under GST summaries click on GST summary then select the monthly date range.
 Step 4: Locate the option Tax Payable with payment details columns.
 Step 5: Then press F4 from your keyboard and there you get the option of Cross Adjustment entry.

If you want to see tax rate wise Sale / Purhcase in BUSY, you can follow these steps:
Step 1: Go to Display and click on GST Reports then GST Registers.
Step 2: Select Supply Outward Registers / Supply Inward Registers as per the requirements.
Step 3: Enter the date range and open the report.
This report displays the data with a column for tax rates. You can summarize the tax rates by pressing F5 or clicking on the summary button.

To handle accounting during tax season in BUSY, you can follow these steps:
Step 1: Make sure you have updated the latest version of BUSY to get the latest features and bug fixes.
Step 2: Review your accounts and ledgers for any errors or discrepancies and rectify them before filing your returns.
Step 3: Match your sales data with GSTR-1 and fix any errors if found.
Step 4: Use GST-2A / 2B Reconciliation to verify your claimable ITC before filing GSTR-3B.

To resolve the issue of a zero HSN summary for Outward Supply, follow these steps:
1.Ensure the HSN code field is not blank. Enter the correct HSN code for your outward supply.
2.After entering the HSN code, validate it to ensure accuracy.
3.Confirm that when filing GSTR1, you haven't skipped the HSN code option, as this can lead to a zero summary.
By following these steps, you can address the problem of a zero HSN summary for your Outward Supply.

To generate a report with taxable value and total valua of a specific date range in the BUSY , Please follow below steps: 
Step 1: Go to display menu
Step 2: Then click on gst reports 
Step 3: Then click on gst registers
Step 4: Afterwards click on supply outward or Supply Inward  register
Step 5: Then you can view the supply outward or inward  report to check the Taxable value with all bifurcation of all amounts. 

Here's how you can access the credit ledger in BUSY:
 Step 1: Press ALT+L to open account ledger and specify the account name of which you want to check the balance. 
 Step 2: Then, you need to enter the Date Range for which you want to see the report and click on OK or press F2. 
 Step 3: The report will show you the Closing Balance of the selected account for the given period.

GST return reconciliation failed due to difference in Voucher number, voucher date and voucher amount raised between buyer and seller. To solve this you need to ensure that it should be same.
 Follow below step to solve this:
 Open the purchase voucher for which you are getting this mismatch in BUSY.
 Edit the voucher number, voucher date and amount to get it matched with sellers invoice.
 After this re-do the reconciliation process, it will be solved

In BUSY, to configure and file quarterly GST returns, you can follow these steps: 
 Step 1: Open your BUSY software and navigate to the GST configuration section. 
 Step 2: found in the Masters or GST/VAT Configuration menu 
 Step 3: fil up GSTIN in particular field 
 Step 3: See options related to the filing frequencies for your GST returns
 Step 4 : Check the GSTR portal name to link GSTR-2B link to GSTIN

To adjust igst, cgst and sgst for tax adjustment in BUSY, follow these steps:
Step 1: Go to display section then click on GST reports.
Step 2: Choose GST summaries then select GST summary option.
Step 3: Specify the date range for required month and open the report.
Step 4: Now, press F4 shortcut key to post adjustment/payment voucher for GST and post entries for rcm payment, rcm to regular tax adjustment, input/output adjustment, Cross adjustment then regular gst payment.