Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
The auto-debit and auto-adjust functions in BUSY are not working as expected. What could be the reason and how can I get them to work properly?
For auto adjustment of GST you need to follow the steps
Step 1: Check the transaction and check the ledger tagged properly or not
Step 2: The tax category of item is mentioned properly or not
Step 3 the sale or purchase type mentioning in voucher are correct or not
Step 4: Check References are properly created
if all these are made properly then the auto Adjustment will be done properly
Why are some transactions missing in the GST R report even though they are present in the invoice details? How can I get complete data?
some transactions missing in the GST R1 report even though they are present in the invoice details for that there is few possibilities
1. check if that invoice date is correct or not or you open GSTR 1 report in correct date range.
2. while uploading GSTR1 some transactions not uploaded because of some error or mismatch deatils as per portal
3.or after upload data of GSTR1 some changes done in voucher in BUSY.
When I tag a purchase invoice to a particular vendor, the tax amount still shows up in my GSTR-B summary. How can I avoid this?
If you don not want to see particular invoice of particular vendor in the GST3B then
please follow the given steps
Step 1: Go to transaction menu then GST misc. utilities.
Step 2: Then download GSTR json data and download GSTR 2A and 2B.
Step 3: Then monthly ITC tagging as per GSTR 2A or 2B then that particular invoice and
press F4 and tag unclaimed so that it will not reflect in GST 3B.
When trying to do auto-adjustment of GST in BUSY, the voucher gets invalid series error. What could be the reason and solution for this?
For auto adjustment of GST you need to follow the steps
Step 1: Check the transaction and check the ledger tagged properly or not
Step 2: The tax category of item is mentioned properly or not
Step 3 the sale or purchase type mentioning in voucher are correct or not
Step 4: Check References are properly created
if all these are made properly then the auto Adjustment will be done properly
I want the GST R report to combine transactions for the same item and show quantities collectively. How can I do this configuration?
want the GST R1 report to combine transactions for the same item and show quantities collectively for that please follow these steps
step 1: go to the GST reports under display menu
step 2: then open GST returns and click on GSTR1 report
step 3: mentioned start and end date then open report
step 4: click on 4A B2B regular and open
step 5: click F5 for summarised tax rate wise data
Why is my GST summary report showing a mismatch with the dates? What can I do to fix this?
Here are simple steps to understand and address issue GST summary report showing a mismatch with the dates:
Step 1: Review your records for mistakes like , missing entries, or incorrect amounts. Correct any errors you find.
Step 2: Update GST voucher summary from housekeeping menu .
Step 3 : Try to run update master balance from same menu.
Step 4: Regularly compare different data sources, like GSTR-1 and GSTR-3B, to find and fix issues.
I am unable to see my credit ledger balance reflecting correctly after making adjustments. How can I resolve this?
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.
I am unable to enter expenses in the software without taking input tax credit. What should I do?
To enter expenses in the software without taking input tax credit, 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 .
I am unable to access or view a particular ledger or party. How can I resolve this?
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.
Why am I unable to remove the pre-filled ITC amount in my GST return filing when I have not claimed any ITC?
to remove the pre-filled ITC amount in my GST return filing when I have not claimed any ITC, here are some general steps you can follow:
Step 1: Review Your Sales and Purchase Data
Step 2: Double-check the invoices and transactions that contribute to your ITC.
Step 3: check your purchase invoices, verifying the applicable tax rates, and adjusting entries as needed.
Step 4: a reconciliation of your sales and purchase data with the auto-populated ITC.