Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
Why am I unable to add new inventory items in BUSY?
If you can't find the Party Master section in BUSY, here's how to locate and access it:
Step 1: Launch the BUSY on your computer.
Step 2 : Go to Administratio menu .
Step 3: Look for the Masters Menu
Step 4: Select the Item option.
Step 5 : Once you're in the Itemsection, you can add, edit, or view information related to your products .
Step 6: Add relavant information and sabvve the master.
How can I bifurcate the total amount based on different rates?
To bifurcate the total amount based on different rates, you can
Step 1 : Go to Display
Step 2 : GST Reports
Step 3: GST Summary
Step 4 : Annual GST Summary in BUSY .
Step 5 : Here, you can select the month range and tick 'Show tax rate wise bifurcation' to get the taxable amount and tax amount bifurcated as per different tax rates like 0%, 10%, 12%, etc.
How do I tag ITC as claimed or unclaimed in BUSY?
To tag ITC as claimed or unclaimed of invoices in BUSY, you need to follow these steps:
Step 1: Go to Transactions menu and select GST Misc. Utilities.
Step 2: Choose Montly ITC Tagging as per GSTR-2A / 2B and enter the period then open the report.
Step 3: The report will show you all the transactions.
Step 4: You need to press F4 to change the status and select ITC Status as Claimed and mention the return period.
Generated invoice not showing on portal. Delay in display. Why?
Ensure below instructions if generated invoices not showing on GST portal:
1: Check that invoice has been generate successfully.
2: Make sure you are checking it in relevant period.
3: The details which is specifed in invoice has been correct.
3: Check the GSTN.
4: If you have generated recently then you can wait for atleast 24 working hrs to sync it on GST portal.
If still issue persists then can share your concern on support@busy.in
The HSN summary for my Outward Supply is showing as zero. How can I fix this?
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.
How can I generate a Specific date range report with both taxable value and total amount?
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.
I want to adjust my IGST input credit against my output IGST liability. How can I do this adjustment entry in BUSY?How do I record purchases and generate purchase invoices in BUSY?
For adjust Igst input against Igst output please follow these steps
1. Go in Display then Gst Reports
2. Then Go in gst summary then go in gst summary
3. Select date range and open Gst summary Report
4. Then press f4 and choose input/output adjustment and pass adjustment voucher
For Add purchase voucher in BUSY please follow these steps:
1. Go in Transaction then purchase
2. Then click on add and mention voucher details and add voucher
I am trying to filter my GST report to only show BC transactions. But it does not show any data after applying the BC filter. Why is this happening?
If you are unable to apply filters in your GST (Goods and Services Tax) report, to resolve using the following steps:
Step 1: Go to display menu in the comapny .
Step 2: nevigate the Gst reports option .
Step 3: Select specific report which you want to filter .
Step 4 : In the gst returns view the report .
Step 5 : You can get a seprate sectio of B2c Transaction
How can I get the total taxable value and total GST amount for my transactions in each GST slab? The current reports only show me the invoice details.
To see total taxable value and total GST amount for transactions in each GST slab you can follow some steps:
Step 1: Go to Display and then click on GST reports.
Step 2: Now click on GST Registers and then supply outward Register or Supply Inward Register whatever you want.
Step 3: Now click on option for Party to see report and filer on period and enable other option as per your requiremen and check reports.
Why am I unable to view the tax liability for the full financial year in BUSY? How can I check the total payable tax for the whole year?
To view the total tax liability for the full financial year in BUSY you can follow the steps
Step1 go to display menu and click on GST reports
Step2 Click on GST Summaries then click on GST summary
Step3 select full years date range and Ok
Step4 press F4 and adjust taxes like input output adjustment, cross adjustment ,rcm to regular
tax adjustment then check the GST payable value in report