Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
How can I download my GST returns data (GSTR, GSTR, etc.) in Excel format from BUSY?
To download my GST returns data (GSTR1, GSTR2, etc.) in Excel format , please follow below steps :
Step 1: Open the Display menu and select GST Reports.
Step 2: Choose GST Return and then click on GSTR3B eReturn.
Step 3: Choose the report format you want to generate, such as JSON, As per Govt. Template, or Plain Excel.
Step 4: Enter the period and press Ok to generate the return
How do I separate purchases from expenses in the reports for filing GST returns in BUSY?
If you want to generate 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
The tax rates are not showing up in my GST reports. What should I do?
Pls follow below steps if tax rates not showing in gst reports
Step 1: Make sure You have open gst report correctly
Step 2: You have to check transaction maintained properly or not
Step 3:Make sure Tax category is properly defined in item master
Step 4:Make sure You have select correct sale/purchase type while doing transaction
Step 5:Make sure that correct account has been tagged in bill sundry of vouchers if used.
How can I view the quantity sold at each tax rate under one HSN code?
To see quantuty sold with HSN and tax rate ,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 click on supply outward Register
Step 3: Now click on option for Party to see report and filer on period and enable Show Qty. Details option and enable other option as per your requiremen and check reports.
What is the process for re-indexing in the software and when should I do it?
Re-indexing in the software is like organizing your digital files so that the software can work smoothly. Here's how to do it:
Step 1: Before re-indexing, make sure to take a backup of your data
Step 2: In the software, go to the Company menu.
Step 3: Look for the Re-Index Database option.
Step 4: Sometimes, you might also find the re-indexing option in the Housekeeping menu, specifically for a particular company.
What could be the reason for differences in GSTR and GSTRB report ?
There are various reasons for diffreneces in GSTR1 and GSTR3B i.e incorrect data entry, wrong invoice number and wrong tax applied then you can correct the data by following below steps:
Step 1: Go to Display menu
Step 2: Click on Gst reports option
Step 3: Then click on Gst Audit reports
Step 4: Then click on Reconcile accounts and gst option
Step 5: Here you can check wrong data entry with taxes
How to match purchase amount and ITC amount in GST portal and BUSY?
To match purchase amount and ITC amount in GST portal and BUSY , you can
Step 1 : CLick on transactions
Step 2 : GST misc utilities
Step 3 : Download and Reconcile GSTR JSON Data option
Step 4 : This feature allows you to download the 2A and 2B GSTR files from the government portal and reconcile them with the data in your purchase register to identify any mismatches.
Why are my invoices generated in BUSY not reflecting proper GST details?
If you have added invoice in BUSY not showing proper gst details in gst reports,check these point
1.Check gst configurations in BUSY under gst/vat
2.Open invoice and then check sale type and party details and check its details
3.Check item details with proper tax category
4.Check gst nature selected while entry and tax apllied proerly
5.Check transaction type and then check relevant section in gst return you wants to chk the same invoice to be reflected
How can I show freight charges separately in GST summary in BUSY?
Here are the steps to achieve this:
Step 1: Go to the Masters menu in BUSY.
Step 2: Select Accounts option
Step 3 : add a new ledger specifically for Freight Charges or a similar name.
Step 4: Set the appropriate tax code (e.g., GST) for this ledger.
Step 5 : Add Transactions with Freight Charges
Step 6: Generate the GST summary report, such as GSTR-3B or GSTR-1, in BUSY.
How can I format ITG- data, and what steps should I follow?
To format and report ITC-04 data accurately in BUSY, follow these steps:
Step 1: Enable ITC-04 Reporting from GST / Vat congiguration Step 2: Record Inward and Outward Supplies through mat issue and mat . recevd voucher Step 3: create and assign unique Job IDs to each transaction Step 4: Navigate to the GST returns or GSTR Reports section in the software. Step 5: Select the option to generate the ITC-04 report