Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I am unable to see the tax rate column in my sales reports in BUSY. What should I do to enable this?
Customizing the report in BUSY, Here's a general approach to customize the report :
Step 1: Navigate to the report from Display menu.
Step 2: Add custom column fields in the report .
Step 3: set custom column fields as your requirement .
Step 4: Save the configuration
Step 5 : reload the same report .
I need to add separate columns for freight charges in the report. What steps should I follow to customize this report?
Customizing the report in BUSY, Here's a general approach to customize the report :
Step 1: Navigate to the report from Display menu.
Step 2: Add custom column fields in the report .
Step 3: set custom column fields as your requirement .
Step 4: Save the configuration
Step 5 : reload the same report .
How can I ensure nil rated items reflect in the nil rated value instead of getting mixed with taxable amount?
To ensure that nil rated items reflect in the nil rated value instead of getting mixed with the taxable amount, you need to specify Yes in the Show exempt NRZR entries in taxable invoice separately option. This will separate the exempt, nil rated, and zero rated entries in the voucher and display them under the nil rated exempted and non-GST section.
I want to add the vendor's GST number in my purchase reports. Is there any setting or configuration I need to enable to show GST numbers in my reports?
Yes you can add vendor's GST number in your purchase report follow these steps
step 1: Go to the account books under display menu
step 2: open account account registeed udner and click on purchase report.
step 3: mentioned relevant dates and enabled party GSTIN no option then open report you can see GST no column in purchase report
The item details are not showing in the custom column I added in the supply output register report. What do I need to do to see the item details?
If you added a custom column of item name in supply outward register but not showing in the report, then you need to follow these steps:
Step 1: Reopen the report with format name which you have created.
Step 2: Check the category for add item name is to be Inventory Vouchers(Body).
Step 3: Check the field name should be ITEM_NAME.
I want to view a report of all the ITCs I have claimed so far, grouped by month or period. How can I generate this report in BUSY?
Here are the steps to check ITC claimed report or summary in BUSY :
Step 1: Go to Display menu
Step 2: Click on Gst reports
Step 3: Then click on gst register option
Step 4: Then click on ITC Claimed summary or register
Step 5: here you are checked list of Cliamed ITC report in BUSY
I am not able to understand which dates in the portal correspond to purchase bill date, voucher date etc. Can you explain what each date column represents?
To understand which dates in the portal correspond to the purchase bill date and voucher date, you need to check the below explanation:
Purchase bill date: the purchase bill date is the actual purchase bill date, which is the supplier's actual purchase date.
Voucher date: voucher date is the purchaser's entry date in his books of account for its purchase voucher.
How do I access and download my accounting data from the BUSY portal?
To access and download your accounting data from the BUSY portal, you need to log in to the portal using your credentials. Once logged in, navigate to the appropriate section or feature that allows you to download your accounting data. Follow the instructions provided by the portal to select the specific data you want to download and initiate the download process.
What is the difference between monthly ITC tag and GST report in BUSY?
The Monthly ITC Tag is a tool within BUSY that allows you to identify and categorize transactions eligible for ITC, ensuring accurate and organized ITC tracking. On the other hand, the GST Report is a set of reports generated by the software to help you prepare and file your GST returns, providing an overview of your GST transactions and tax obligations.
How do I check the total ITC of my purchases in the software?
To check the total ITC of your purchases in BUSY, follow the below steps:
Step 1: Open your company then go to display menu and select GST reports.
Step 2: Select gst other reports and click on purchase or expense wise ITC.
Step 3: Enter the date range then open the report and can view purchase taxable amount, total ITC amount and their bifurcation.