Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I want to export GST return data from BUSY in a format grouped by party name. Can this be done? The default export does not have this option.
To export GST return data from BUSY grouped by party name, then you can follow below steps :
Step 1:Go to the report level by pressing F5 key or clicking on the summary option at the top.
Step 2:Choose the summarised option and select the data field column, in this case, choose party name.
Step 3:Opt for auto-summary to open the report by default with the summary format in the future.
How do I view GST details like purchases sales mismatches etc in BUSY
BUSY has an option for GST Audit Reports, which allow you the check mismatch between GST Reports and Sales, Purchase. To view them can follow these steps:
Step 1: Go to the Display menu and click on GST Reports.
Step 2: Select GST Audit Reports and click on Reconcile Accounts & GST.
Step 3: You can select Sales / Purchase / Acc. Vouchers.
Step 4: Enter the date range and open the selected report and analyz your data.
How do I check if the taxable values in invoices match with GSTR-?
You can check gstr-1 report in BUSY Software.
To check gstr-1 report follow the steps.
Step 1. Open BUSY Software
Step 2. Open company
Step 3. Go to display menu click
Step 4. Go Gst Reports click
Step 5. Gst returns click
Step 6. Gstr-1 click
Step 7. Select date range
Step 8. Open report.
Now you can check taxable amount in gstr- report.
What is the process to download GSTR reports in Excel format from BUSY?
The process to download GST reports in Excel format from BUSY are mentioned below:
Step 1: Open the Display menu and select GST Reports.
Step 2: Select the desired GST reports such as GST Summary, GST Returns, GST Registers,etc.
Step 3: After open the report click on Export button or press ALT+E and select Data format as Microsoft Excel.
Step 4: Select the path and proceed the excel will generate of the selected report.
How can i check the GST sales report with Item details?
To access the GST sales register with item details, follow these steps:
Step 1: Go to Display section then click on GST report
Step 2: Choose the GST register then select the sales register option.
Step 3: Now, Click on combined to show both local and central data, select item wise option to display sales register with product details and then click on both B2B and B2C option.
Step 4: Mention then date range and open the report.
Where can I see a breakdown of all my expenses?
Breakdown of all expenses, please follow 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 Other Reports
Step 5: Look for the GST expense audit report
Step 6: Review the Bifurcation of expense nature wise
Why is the claimed ITC not displayed in GST reports?
If the ITC inputs are not appearing as Claimed in the GST reports, you need to check these troubleshooting steps:
Step 1: Double check your vouchers and correct if any mistake in them.
Step 2: Check your journal or payment voucher and check the GST Nature is correct.
Step 3: Ensure to enable pick relevant ITC from monthly ITC tagging before open the GST report.
Step 4: Cross check the ITC claimed data and make correction if required.
How do I match the GST report with the sales ledger report when cash bills are missing in GST?
If cash bills are missing in the GST report, you can use the supply outward register of GST report, which showcases both B2B and B2C data entries in BUSY. Then, you can easily cross-verify the sales ledger data with GST sales data.
To check supply outward register, follow these steps:
Step 1: Go to Display and click on the GST reports tab
Step 2: Then select GST register and click on supply outward register
How can I ensure that the taxable value of items is displayed in my GSTR- report in BUSY?
To ensure that the taxable value of items is displayed in your GSTR-2 report in BUSY , you need to make sure that
Step 1 : The items are correctly categorized as taxable in your transactions.
Step 2 : Double-check that the tax rates and HSN codes are accurately assigned to each item.
Step 3 : This will ensure that the taxable value is properly calculated and displayed in your GSTR-2 report.
I am unable to find the tax payment entries I made earlier. Where can I locate them?
To find the tax payment entries in BUSY, follow these steps:
Step 1: Go to Display section then click on GST summaries option.
Step 2: Now choose GST summary then specify data range and open the report
Step 3: Navigate to tax payable with payment details and then click on specific GST type like IGST, CGST, SGST as needed. Select the payment option, and you can then review the payment entry.