Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I am unable to understand why the total number of invoices shown in one report does not match another report. How can I reconcile this?
When the total number of invoices shown in one report does not match another report,please follow steps :
Step 1: Double-check that the date range you've set for both reports is the same.
Step 2: Ensure that all invoices are recorded without duplications .
Step 3: Verify that both reports account for the same invoice statuses.
Step 4: Review if canceled or deleted invoices from check data from checklist menu.
I am unable to edit and enter GST number for a party after the account is created. Can you help me resolve this issue?
If you can't edit a party's GST number, follow these simple steps:
Step 1. Go to Administration, then Master.
Step 2. Click on Account and select Modify.
Step 3. Choose the Party Name you want to update the GST Number for.
Step 4. Edit the GST Number as needed and save the changes in the master to apply them.
This process will help you update the GST Number for any existing party.
I entered a purchase import entry but it is not showing up in my GST reports. What should I check to troubleshoot this?
entered a purchase import entry but it is not showing up in my GST reports then please make sure
1. check the transaction that you entered all relevant deatils are correct or not
2. also check purchase type as skip in GST option was enabled or disabled if enabled then that transaction not show in GST report so make sure skip in GST report option is disabled in purchase type.
The software is showing errors about taxable amounts not matching between invoices and GST reports. Where am I going wrong in the configuration?
To resolve the issue of taxable amounts not matching in invoices and GST reports, it could be a configuration issue in BUSY. Check the configuration settings in the GST VAT feature option and ensure that the "Show sale purchase amount as taxable amount in GST report" option is enabled. Additionally, check all vouchers and invoices for accuracy and ensure that the correct tax amount is being applied to the correct taxable amount.
The accounting software is not allowing me to match the inverted GST amounts between my books and vendor's books. What should I do?
for match the inverted GST amounts between your books and vendor's books then follow these steps
step 1: go to the GST misc. utilities under transaction menu
step 2: download GSTR reconcile data
step 3: then open Reconcile GSTR2A report (party or vch. wise)
step 4: mentioned relevant months and other option as per required and open report there you can match As per BUSY and as per JSON data
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