Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I want to check the input and output GST from my sales and purchases. Which report should I look at?
To check the input and output GST from my sales and purchases, follow these steps:
Step 1: Launch BUSY GST Software.
Step 2: Go to the Display menu.
Step 3: Select GST Reports.
Step 4: Choose GST Summary from the available options.
Step 5: Within the GST Summary report, you will find options for various sales reports, including Item Wise Sales Summary, Party Wise Sales Summary, and Sale Type Wise Sales Summary.
Step 6: Select the relevant sub-report based on your requirements. For GST summary, you might choose Item Wise Sales Summary or another appropriate option that provides the bifurcation of tax rates.
Step 7: In this selected report, you will find the bifurcation of sales data based on different tax rates, including the GST summary.
Step 8: Click Print to generate a hard copy of the report.
I want to upload my reconciled GSTR B data to the GST portal. What is the process for this?
To upload your reconciled GSTR 2B data to the GST portal, you can follow these steps:
Step 1 : Log in to the GST portal using your credentials.
Step 2 : Navigate to the Returns section and select GSTR-2B from the drop-down menu.
Step 3 : Click on the Upload button to upload the reconciled GSTR 2B JSON file.
Step 4 : Choose the appropriate financial year and month for which you are uploading the data.
Step 5 : Click on the Choose File button and select the reconciled GSTR 2B JSON file from your computer.
Step 6 : Once the file is selected, click on the Upload button to initiate the upload process.
Step 7 : After the upload is complete, you will receive a confirmation message indicating the successful upload of your reconciled GSTR 2B data.
How can I troubleshoot the failure of GST return download in BUSY despite having API access enabled?
If you are experiencing issues with downloading GST returns in BUSY despite having API access enabled, there are a few troubleshooting steps you can try:
Step 1. Check your internet connection: Ensure that you have a stable and reliable internet connection to avoid any interruptions during the download process.
Step 2. Verify API credentials: Double-check that the API credentials entered in BUSY are correct and up-to-date. Incorrect credentials can prevent the download from being successful.
Step 3. Clear cache and cookies: Clearing the cache and cookies in your web browser can help resolve any temporary issues that may be causing the download failure.
Step 4. Update BUSY software: Make sure that you are using the latest version of BUSY software. Updating to the latest version can fix any bugs or issues that may be affecting the download process.
I want But I don't see any option for this. How can I view GST split up in BUSY?
To view GST split up from total sales follow these steps:
Step 1: Launch BUSY GST Software.
Step 2: Go to the Display menu.
Step 3: Select GST Reports.
Step 4: Choose GST Summary from the available options.
Step 5: Within the GST Summary report, you will find options for various sales reports, including Item Wise Sales Summary, Party Wise Sales Summary, and Sale Type Wise Sales Summary.
Step 6: Select the relevant sub-report based on your requirements. For a 5% GST summary, you might choose Item Wise Sales Summary or another appropriate option that provides the bifurcation of tax rates.
Step 7: In this selected report, you will find the bifurcation of sales data based on different tax rates, including the 5% GST summary.
Step 8: Click Print to generate a hard copy of the report.
How can I get an itemised breakdown of my sales tax using BUSY? What reports should I run?
To view GST split up from total sales follow these steps:
Step 1: Launch BUSY GST Software.
Step 2: Go to the Display menu.
Step 3: Select GST Reports.
Step 4: Choose GST Summary from the available options.
Step 5: Within the GST Summary report, you will find options for various sales reports, including Item Wise Sales Summary, Party Wise Sales Summary, and Sale Type Wise Sales Summary.
Step 6: Select the relevant sub-report based on your requirements. For a 5% GST summary, you might choose Item Wise Sales Summary or another appropriate option that provides the bifurcation of tax rates.
Step 7: In this selected report, you will find the bifurcation of sales data based on different tax rates, including the 5% GST summary.
Step 8: Click Print to generate a hard copy of the report.
I am unable to generate GST reports properly. The input and output values are showing the same amounts incorrectly. How can I resolve this?
to generate the GST report for a particular month follow these steps:
Step 1: Once you are logged into the software, look for the Display menu.
Step 2: Within the Display menu, you should find a submenu or option related to GST Reports.
Step 3: Click on it to proceed.
Step 4: In the GST Reports section,Look for the option labeled GST Registers
Step 5: Look for the Gst Sales / Purchase register Report option, and click on it to access this specific report
Step 6: There is option to the open report Bill Wise / Item Wise / Combined .
Step 7: you can select as Bill wise option .
Step 8: This report will display a breakdown or bifurcation of the output tax data based on tax rates
Step 9: specify the date range
I am trying to generate a GST summary report to see the breakup of expenses and purchases for tax purposes. However, the report is not showing the detailed breakup I need. What should I do to get the full breakup?
Detailed breakup of expenses and purchases that you need for tax purposes, you can try the following steps to get the desired information:
Step 1: Launch BUSY GST Software.
Step 2: Go to the Display menu.
Step 3: Select GST Reports.
Step 4: Choose GST Summary from the available options.
Step 5: Within the GST Summary report, you will find options for various sales reports, including Item Wise Sales Summary, Party Wise Sales Summary, and Sale Type Wise Sales Summary.
Step 6: Select the relevant sub-report based on your requirements. For a 5% GST summary, you might choose Item Wise Sales Summary or another appropriate option that provides the bifurcation of tax rates.
Step 7: In this selected report, you will find the bifurcation of sales data based on different tax rates, including the 5% GST summary.
Why are my BB and BC values showing differently between my data and the portal data? How can I check where the mismatches and differences are between my data and the portal data?
B2B and B2C values showing differently between your data and GSTdata
because of the rund off amount or any other charges selected in bill sundry of invoice who not taged in any sales or purcase account so it will be create diiference in taxable value
For check mismatches and differences are between your data and the portal data please follow the below steps
step 1: go to the GST reports under Display
step 2: click on GST audit report and open reconcile accounts & GST
step 3: there you can reconcile account and GST for sales, purchase and accounting voucher
step 4: slect any option of those and mentioned start and end date and open report there you can see mismatch and differences are between your data and the portal
When generating the GST Summary Report in BUSY, I'm unable to see the tax amounts split by inward and outward supply. What settings do I need to adjust to view this breakdown?
generating the GST Summary Report in BUSY , follow these steps:
Step 1: Launch BUSY GST Software.
Step 2: Go to the Display menu.
Step 3: Select GST Reports.
Step 4: Choose GST Summary from the available options.
Step 5: Within the GST Summary report, you will find options for various sales reports, including Item Wise Sales Summary, Party Wise Sales Summary, and Sale Type Wise Sales Summary.
Step 6: Select the relevant sub-report based on your requirements. For a 5% GST summary, you might choose Item Wise Sales Summary or another appropriate option that provides the bifurcation of tax rates.
Step 7: In this selected report, you will find the bifurcation of sales data based on different tax rates, including the 5% GST summary.
Step 8: Click Print to generate a hard copy of the report.
I am confused about how to account for a credit/debit note adjustment given by the supplier in BUSY. Which module and what entries should be made?
for entered accounting entries credit/debit note adjustment given by supplier in BUSY you have standard or enterprises modual for that, you need to entered credit/debit note without item entry under transaction menu for that follow these steps
step 1: open credit/debit note without item entry under transaction menu
step 2: select series, date and voucher number and then select GST nature as cr. note received against purchase
step 3: then select party name in dr. side and in credit side you can select GST and purchase account with relevant amount and save transaction
step 4: while save transaction, one screen appeared adjustment of debit note credit note there you can select all the relevant details like invoice no, date, HSN, unit, taxable amount, tax rate, tax value and last transaction nature , then save transactions.
