Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I am getting double entries in my GST return. How can I resolve this?
To resolve double entries in your GST return, you can follow these steps:
1. Check your voucher entries in BUSY to identify any duplicate entries.
2. Delete the duplicate entries from the voucher list.
3. Reconcile your books with the GST return to ensure accuracy.
4. If the issue persists, contact BUSY customer support for further assistance.
I need the bill-wise quantity for sales and purchase. How can I get this?
You can get the bill wise quantity for sale and purchase, follow these steps:
Step 1: Go to Display tab and click on GST Reports.
Step 2: Click on GST Registers and select supply Outward Register or Supply Inward as per required.
Step 3: Specify Date range and enable show qty details option and click on OK tab to view report.
Why is there a mismatch in GST balance and how can it be resolved?
There could be various reasons for a mismatch in GST balance, such as incorrect entries, mismatch in input and output GST, or opening balance not being zero. To resolve this, one should check the short range of dates from which date the mismatched started, and also important to check the GST audit reports to check incorrect voucher/data entries.
What is the process to reverse input tax credit for goods returned in BUSY? Can I claim input tax credit for composition scheme in BUSY?
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.
The B report used to show daily data but now it only shows monthly data. How can I change it back to daily?
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
I made some invoices as local GST but they are showing in IGST report. Why is this happening and how to fix it?
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.
I want to check how many items have been sold in a particular month in terms of different sale types like RGST item-wise and multi-rate. How can I get this sales analysis?
Check the total sales of a party for the MONTH year,please follow steps :
Step 1: Go to Display menu .
Step 2 : Select Sales Analysis .
Step 3 : Select option party wise
Step 4; click on Standard date /Voucehr wise option
Step 5 : click on okay and open the report.
Why are the CGST and SGST fields showing blank amounts while the full tax amount is reflecting only under IGST after I updated to the latest version?
if your CGST and SGST fields showing blank amounts and In under IGST fields amount showing proper amount for that you need to check that under CGST / SGST bill undry you need to tag account which is under group of duties & taxes if your configuratio was proper then automatically tax amount show under particular tax accounts
I am unable to find the option to mark purchases as ineligible for ITC claim in BUSY. What should I do to mark invoices as ineligible?
Here's how you can handle this within the software:
Step 1: Add Ineligible Purchases Separately
Step 2: Create a separate account within your accounts to track purchases that are ineligible for ITC.
Step 3: Select the ITC nature properly in voucher Entry
Step 4: Regularly reconcile your purchase records with your GST returns (GSTR-2A or GSTR-2B)
The tax payment I made last month is not reflecting correctly in the Balance Tax Payable section this month. Why is the carry forward calculation incorrect?
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.