Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
Why am I getting an error that some of my bills are not reflecting under the IGST? How can I correct this?
There may be several reasons why some of your bills may not be showing under IGST:
1: Incorrect entries or entries contain some invalid data
2: Wrong tax imposed
3: Select local voucher type
It is important to review your data and ensure that all entries are accurate and match properly
You can refer to our Supply Outward/Inward Register of GST reports through which you can find the entry which contains your invalid data.
Why am I unable to pass the GST amount as IGST even though I have entered the party address from another state?
unable to pass the GST amount as IGST even though entered the party address from another state because of
incase your party was local but the shipping of his goods is on other state and he wants to calculate IGST on transaction then you can entered his shipping address deatils in billing shipping deatils and mention GST basis as per billing and shipping then software automatically calculate IGST on trandaction instead of CGST & SGST.
What options do I have to reconcile and cross-check the entries if the GST reports are not showing the correct amounts?
To reconcile and cross check the GST entries from the below steps.
Step 1: Check the GST audit from the GST reports under the display menu.
Step 2: You can match the GST report amount with the sale and purchase ledger then you will get the mismatch in particular date and correct it accordingly after the data backup.
Step 3: After the data backup, you can run the update voucher gst summary from the display menu.
I need to provide my lawyer with separate figures for purchases and expenses from BUSY data. How can I generate these?
If you want to give your lawyer separate figurs for both your purchases and expenses, follow these steps:
Step 1 : Open the Display Menu and choose GST Report.
Step 2 : Within GST Report, pick GST Other Report and select Purchase/Expense-Wise ITC.
Step 3 : Choose the date range and any other relevant options, then run the report. This will provide you with separate figures for your purchases and expenses to share with your lawyer.
How can I correctly summarize the transactions in the GST R report when multiple invoices are generated for the same item?
for correctly summarize the transactions in the GSTR1 report when multiple invoices are generated for the same item 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
Credit and debit note entry not showing proper Amount or Eligiblity or Credit and Debit note showing in wrong Report
If Debit or credit note not showing proper Amount and other details in GST Report do follow some steps:-
Step 1: Check Details in Adjustment of debit note and credit note window about Itc eligibilty , nature of transaction, tax rate and amount.
Step 2: Check Gst nature because if you select Gst nature as against sale entry will showing in gstr1 of if you select Gst nature as against purchase entry will showing in Gstr2.
How can I get a summary of all sales vouchers in BUSY filtered by a specific tax rate like %?
To get a summary of all sales vouchers in BUSY by filtered a specific tax rate like 18% you have
to follow the steps
Step1 Go to display menu and click on gst reports
Step2 Click on GST other reports then click on tax rate wise output tax
Step3 Fill the date range and ok then select the tax percent 18 to view the summary of all
18 percent sale details
The GST summary is showing additional charges that I did not input or account for. Why are unknown charges showing up?
If some additional charges is showing in your GST summary report please ensure given below points:
1. Ensure that you have not specify that aditional charges in voucher
2. Make sure all the data entry is accurate
3. If mismatch in data check that also by reconciling your data
4. Run update voucher gst summary and update master balance from house-keeping menu but make sure you have the latest backup of your data before proceeding
How can I claim input tax credit for expenses incurred during hotel stays in other states?
To claim input tax credit for expenses incurred during hotel stays in other states, you need to ensure that the hotel invoices have the necessary details such as your GSTIN, hotel name and address, invoice number, date, and the amount of GST paid. You can then include these invoices in your GST return and claim input tax credit accordingly. It is important to maintain proper documentation and follow the guidelines set by the GST authorities.
Why is the tax amount showing incorrectly when I create a voucher with an unregistered dealer?
If the tax amount is showing incorrectly when you create a voucher with an unregistered dealer, it could be due to several reasons.
Step 1: In the case of unregistered dealers, the reverse charge mechanism (RCM) may apply.
Step 2: Double-check that the software is using the appropriate tax categoryand rates for RCM transactions.
Step 3: Verify that the HSN or SAC codes are correctly assigned to the items or services in the voucher.