Frequently Asked Questions

To quickly get information about the voucher of supply outward in BUSY, you need to follow these steps :
Step 1 : Go to display then GST report and select GST Registers and select the Supply Outward Register option. 
Step 2 : This will provide you with a summarized report of the vouchers. 

To ensure consistent rounding and avoid mismatches in your financial statements, please follow below steps :
 Step 1: Apply the auto rounding method in the in BUSY . 
 Step 2: Configure the decimal places 
 Step 3: pass the adjustment entries . 
 Step 4 : Riview the round off ledger

In Hsn summary Report you can view data hsn code wise.
For view Hsn summary Report please follow these steps:
1. Go in Display then go in Gst Report
2. Then Go in Gst other Report then Hsn wise summary Report
3. Select Inward or outward as per your then mention date range and open Report

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.

To export GSTR 1 from BUSY, follow these steps:
Step 1: Go to Display tab and click on GST Reports.
Step 2: Select GST Return and then GST Returns.
Step 3: Choose the required return such as GSTR 1, GSTR 3B and can generate return by JSON, CSV, as per Govt Template and Plain Excel.

It's essential to accurately record and reconcile your GST-related transactions in BUSY to calculate the GST summary correctly. Properly categorizing your sales and expenses, applying the correct GST rates, and regularly reconciling your Input and Output Tax entries will help you maintain accurate GST records and ensure compliance with tax regulations.

To fix BUSY only picking up the last bill for tax summary, you can try running the process 'Update Voucher GST Summary' in housekeeping and select the month in which you are making the GST return. This process settles up any updates of adjacent tax or items after creating a voucher.

Calculating the Goods and Services Tax (GST) amount for your business activities related to petrol tanks involves understanding the applicable GST rates and the value of the goods or services provided. The GST rates can vary based on the nature of the transaction and the type of goods or services involved.

The GST payment is calculated on the basis of GST new rule set off by the government. The ITC credits of IGST should be first used to pay off liabilities under IGST and the balance credit in IGST can be used for paying CGST and SGST/ UTGST liabilities in any order.

There could be several reasons for GST tax missing in the software despite correct filing.
 Step 1 : It is important to check for any missed entries or errors in the data. 
 Step 2 : It is also recommended to reconcile the software data with government data to ensure accuracy.