Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
The BB and BC totals are showing different amounts than expected. How can I recalculate the totals to resolve this?
Here are steps you can take to recalculate the totals and resolve the issue:
Step 1: Double-check the data that has been entered for both B2B and B2C transactions.
Step 2: Run update voucher GST summary from housekeeping menu .
step 3: Reconcile Transactions
Step 4: Cross-Check with Accounting or Sales transanctions.
Why am I unable to modify a voucher after ITC has been tagged to it? What options do I have?
Once ITC has been tagged to a voucher, it is advised not to modify it as it may disturb the input claim data. However, if you still need to make changes, you can untag the ITC, modify the voucher, and then retag the ITC. Remember to take a backup before making any modifications.
I made changes to the HSN codes but the errors are still showing. What should I do to correct this?
Here are steps you can follow to address this issue:
Step 1 : Go to transaction menu
Step 2: Find GST Misc Utilities
Step 3 : Update HSN SAC description
Step 4: find duplicate HSN codes from the list
Step 5: remove manually
Step 6 : save the configuration
I need to update some transactions due to incorrect data entry. How do I edit or amend posted transactions?
To update some transactions due to incorrect data entry, you need to follow the below steps:
Step 1: Click on Transactions.
Step 2: Click on a particular voucher sale, purchase, payment, receipt, journal, etc.
Step 3: Click on the modify option.
Step 4: Specify the voucher number.
Step 5: Correct the posted transaction.
I need to modify an invoice I have already generated. How can I edit or cancel an invoice?
Here's a general process you can follow:
Step 1: Identify Canceled Invoices from audit trail report
Step 2 : open the canceled invoices in the transaction list
Step 3: need to create an adjusting entry or mark the invoices as canceled.
Step 4 : To cancel invoice press ALT+X
How do I access the GSTR report in BUSY? It seems to only be available for one month.
To check GSTR 1 report in BUSY, follow the steps below:
Step 1: Go to display then select GST reports
Step 2: Then select GST returns
Step 3: Below GST returns select GSTR1 ereturns option and open report with correct date range
Step 4: Make sure you have invoice posted for the month youare checking report
Can Compostion dealer Convert into Regular
Yes BUSY Have Option Convert composition dealer to regular dealer
See the Steps to Change Configuration
Step 1: Go to the Administration Menu.
Step 2: Click on Configuration, then select the GST VAT tab.
Step 3: Clicking on Type of Dealer Regular
Step 4: Now click on Create Defult GST Master.
Step 5: The re-login company process is done
The GST reports are not getting updated though there are new transactions. How to troubleshoot this issue?
if after changes Entry report remain the same See the folowing Step
Step 1: Take a Backup your Data
Step 2: Go to House Keeping Menu Run Update Voucher Gst Summary
Step 3: Select the option Complete
Step 4: Click on OK for Run Updating GST in Voucher
I need to filter reports by customer and item categories in BUSY. How can I do this?
BUSYoffers a variety of reports related to accounting, inventory, GST, and more. You can access these reports from the Display menu and choose the one that meets your needs. You can also apply filters, sorting, and grouping options. You can also export the reports to different formats, such as Excel, PDF, etc.
Why is there a difference between the total turnover amount and taxable turnover amount in GST returns?
The difference between the total turnover amount and taxable turnover amount in GST returns can occur due to various factors such as incorrect data entry, inclusion of exempt supplies, or errors in calculating taxable amounts. It is important to review and reconcile the invoices and transactions to identify and resolve any discrepancies.