Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
How do I export GST reports from BUSY
To export GST reports from BUSY, follow these steps:
1. Open BUSY software and log in to your account.
2. Go to the Reports section or navigate to the GST Reports tab.
3. Select the specific GST report you want to export, such as GSTR-1, GSTR-3B, or GSTR-9.
4. Set the desired date range for the report.
5. Click on the Export or Download button, usually located at the top or bottom of the report.
6. Choose the file format in which you want to export the report, such as Excel (XLS) or PDF.
7. Specify the destination folder where you want to save the exported file.
8. Click on the Export or Download button to initiate the export process.
9. Once the export is complete, you can access the exported GST report in the specified folder.
I want the GST reports in the same format I received previously. Why am I seeing different options now in BUSY?
To get previous GST reports 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 need the consolidated GST report with all sections like before. Why am I only able to see separate reports now?
To get previous GST reports 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 unable to find the option to generate GST reports in BUSY. What is the path to access GST reports?
To find the option to generate GST reports 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 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.
The cross-adjustment entries are not calculating properly in the software. What could be the reason?
If cross adjustment entries are not calculating properly in the software, may be there is some incorrect data entry. Double check the data entered for cross-adjustment entries. Further, you can follow the below steps for GST Adjustment entries:
Step 1: Go to Display section then click on GST Reports and then select GST summaries option.
Step 2: Now choose GST summary then specify the date range of the particular month and open the report.
Step 3: You can press F4 key on GST Summary to post various GST Adjustment & GST Payment voucher. On pressing the F4 key, a message box appears in which you are required to select the option for adjusting your input and output taxes and then cross adjustments after that you can pass payment entry if output is available.
I want to view my GST reports in BUSY but am unable to find the option. How can I generate GST reports in BUSY?
To generate GST reports, 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.
Why can't I open and view the old GST reports that were sent to me before? What settings do I need to check?
To get previous GST reports 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 want to download GST reports from the portal but am unable to. What steps should I take?
To download GST reports from the portal, follow these steps:
Step 1 : Log in to the GST portal using your credentials.
Step 2 : Navigate to the Reports section.
Step 3 : Select the type of report you want to download (e.g., GSTR-1, GSTR-2, GSTR-3).
Step 4 : Choose the desired date range for the report.
Step 5 : Click on the Download or Generate button to initiate the report generation.
Step 6 : Once the report is generated, you can download it in the desired format (e.g., PDF, Excel).
If you are still unable to download the reports, please check your internet connection and ensure that you have the necessary permissions and access rights on the portal. If the issue persists, you may need to contact the GST portal's technical support for further assistance.
I want the opening and closing values to match after adjustments. What entries will help me achieve this?
To ensure that the opening and closing values match after adjustments, you may need to make adjusting entries to rectify any discrepancies. Follow the below steps for GST adjustment entry:
Step 1: Go to Display section then click on GST Report option.
Step 2: Now choose GST summary then specify date range of particular month and open the report.
Step 3: You can press F4 key on GST Summary to post various GST Adjustment & GST Payment voucher. On pressing the F4 key, a message box appears in which you are required to select the option for which you want to post the voucher. If there is a credit balance, you will need to pay the tax to the government. Conversely, if there is a debit balance, it will be carried forward to the next month.
Why am I unable to do cross-utilization of input IGST credit against output CGST and SGST liability in BUSY?
Here's a general process for cross-utilization of input IGST credit against output CGST and SGST liability in BUSY:
Step 1: Open the GST Summary section
Step 2: While in the GST Summary, press the F4 key on your keyboard.
Step 3: Select Adjustment or Payment Option
Step 4: A message box will appear, allowing you to select the type of voucher you want to post.
Step 5 : The available options typically include Cross Adjustment.
Step 6: Select this option when you need to make adjustments to your GST data.
Step 7: After selecting the voucher type, you'll be prompted to enter the necessary details. Step 8: Once you've entered the required information, save and post the voucher.
Step 9: This will update your GST ledger and balances based on the adjustments or payments made.
