Frequently Asked Questions

The issue with the carry forward calculation in BUSY's Balance Tax Payable section is due to incorrect adjustment entries of input and output on a monthly basis. This causes a difference in the ledger balance and balance tax payable.
 it is important to review your data and ensure that all entries are accurate and properly reconciled to resolve.

reate expense groups in the chart of accounts, follow these steps:
 Follow Below Steps:
 Step 1: Click on Administration
 Step 2: then Master
 Step 3: then Account
 Step 4: Add/ Modify(Select that account master)
 Step 5: change the group as Direct / Indirect expenses. 
 Step 6: Set the Tax Type as per master requirement and save .

To reverse input tax credit, you can do two things:
 1. If you want to return goods, you should use a purchase return.
 2. If the goods are damaged, create a debit note for the supplier to reverse the tax credit.
 Keep in mind that you can't claim tax credit for purchases from a composition dealer.

If the GSTR 3B report only showing monthly data and you want want to set as per date 
range or daily wise then follow the steps 
1 Go to administration menu and click on configuration then click on feature option 
2 then click to GST VAT option and make gst filling frequency from monthly to default and save

If you made some invoices as local GST but they are showing in the IGST report, you need to check your sales type. You should select sales type as local tax rate, and you also need to select in the item master tax category the local tax rate. Then it will show in the local tax rate only.

To check breakup of B2B and B2C sale vouchers in BUSY follow the below steps:
Step 1: Go to Display menu 
Step 2: Then click on Gst reports option 
Step 3: Then click on Gst register option 
Step 4: Then click on Sale register option 
Step 5: Here you can select B2B and B2C separately and review the biffurcation

Switching the GST scheme within the same company can create issues in your GST reports and returns. This is because the company's historical data, transactions, and invoices may not align with the new scheme's requirements.Creating a new company within your accounting software for the composition scheme is a way to maintain a clear separation between the two schemes.

To match the total purchase value between stock status and GST summary, you need to check the purchase data and ensure that it is correct. If there is a difference, you may need to update the data and check again. 
 Additionally, you can check the HSN wise summary and compare the taxable values to ensure they match.

If unable to view GST details for the previous day in BUSY, you need check date range which you have selected for generate and view GST reports. Specify the correct start and end dates to encompass the desired period. Once you have verified the date range, proceed to generate and view the GST reports for the specified period.

made a credit note to an unregistered dealer below 2.5 lakhs value but its not showiung under B2C because of Ensure that the total value of credit notes issued to unregistered dealers is below the threshold limit of 2.5 lakhs. If the total exceeds this limit, the transactions might be reported in a different section of the return.