Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
The portal name does not seem correct in BUSY. How do I check and update the portal name if needed?
To update GST portal name in BUSY please follow these steps:
Step 1: Go to administration menu
Step 2: Then click on configuration button
Step 3: Then click on features and option
Step 4: Then click on GST/VAT
Step 5: Afterwards you can update your GST portal username
I am seeing some new sections under ITC eligibility in BUSY. Can you explain what these new sections are for?
BUSY may release updates and new features over time, and these updates can include changes to the user interface, functionality, or new sections within the software.a better understanding of the new sections under ITC eligibility in BUSY and how they can be used effectively for your specific accounting needs.
I want the purchase and sale GST details along with tax rate bifurcation in BUSY. What steps should I follow?
For sale and purchase Detail Report you can check supply outward and supply inward Register.
For Sale and Purchase Report view please follow these steps:
1. Go in Display then go in Gst report
2. Then Go In Gst register then go in supply outward/Inward Register
Which specific GST reports do I need to submit to my tax advisor for filing returns?
The specific GST reports that you need to submit to your tax advisor for filing returns may vary depending on your specific business and tax requirements. It is recommended to consult with your tax advisor to determine the specific reports that need to be submitted for GST return filing.
How do I adjust my input IGST credit against my CGST and SGST liability in BUSY?
To adjust the IGST against CGST and SGST go to:
Step 1 : Click on display
Step 2 : GST reports
Step 3 : GST summary
Step 4 : Open report
Step 5 : Press F6 Key and adjust the IGST against CGST and SGST as per amount automatically
How do I filter and check reconciled purchase data between system and GST reports?
To view the reconcile GSTR data report in BUSY follow below steps:
Step 1: Go to transactions menu and select gst misc. utilities option.
Step 2: Then select reconcile GSTR data option to view the report.
Step 3: Then metion the starting month and ending month then click on ok button.
My HSN/SAC code is not showing properly in reports, how do I fix this?
If the HSN / SAC codes are not showing properly in the GST reports then you need to check the item master and verify that HSN /SAC code is correctly entered in it.
Further also clarify your query in which report ther HSN / SAC codes are not showing?
Why is the same ITC issue coming up?
If the same itc issues is not coming up then there could be several reasons of it:
1. Make sure you have select itc eligibility properly in voucher
2. Ensure that you raise a GST invoice for
3. May be you are using itc tagging in your data
What are the different GST report types available?
In BUSY, you can access multiple GST reports by following these steps:
Step 1: Go to Display section then click on GST report
Step 2: After click on GST report, multiple section will display like GST summary , GST return ,GST register , GST other register and GST audit report.
I am unable to add tax-exempt sales in the proper section in GSTR- filing. The amounts are getting added to the taxable value section. How can I fix this?
To resolve this and ensure accurate GSTR-1 reporting, follow these steps:
Step 1: Double-check your transaction entries to ensure that tax-exempt sales are tag correctly to exempt.
Step 2: Update the tax type and tax categories
Step 3: edit those transactions to reclassify them correctly as exempt.