Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I want to book an expense in the previous month but the transaction happened in the current month. How can I adjust the entry in the last month?
want to adjust previous month's expenses in BUSY, you can pass an adjustment or provisional entry for the specific expense account and date. This can be done by selecting the Debiting the Expenses and Crediting the Party / Creditor Account OR Liability Account and entering the necessary details
I am unable to export my GSTR- file even though I have created the template and saved it. What could be the reason for this error?
unable to export GSTR-1 file even though have created the template and saved it then 1.make sure the template path is corect or not.
2.make sure that the template you are using are upto date
3.make sure that the date range is correct to generate GSTR1 report
The GST credit in my ledger is showing higher than expected. Why is there a difference of Rs. , when it should only be Rs. ,?
The difference in higher GST credit than expected in BUSY ledger could be due to incorrect data entry or mismatch in GST portal data. To fix this, check the data entered in BUSY and compare it with the GST portal data. Make necessary corrections and reconcile the ledger.
How can I check tax rate wise output tax report in BUSY?
To check tax rate wise output tax report, follow these steps:
Step 1: Go to display section then click gst reports.
Step 2: Now, Choose gst other reports then select tax rate wise output tax.
Step 3: Here, mention the date range and click on ok tab to view the report.
How can I obtain monthly or quarterly reports of GST in BUSY?
You can check the month wise or quarter wise GST report from the below steps.
Step 1: Click on Display
Step 2: Then GST reports
Step 3: Then GST Summaries
Step 4: Then Annual GST Summary
Step 4: Select the report as per your requirement and view it.
How do I edit the GST details of the company in BUSY?
To edit GST details in BUSY, please follow the below steps:
Step 1: Go to Administration menu
Step 2: Then click on Configuration then Features and Options
Step 3: Then press enter on GST / VAT option and then you can edit the necessarydetails such as GSTIN / Type of dealer.
Why are some e-invoicing amounts not showing in the portal data?.
Some e-invoicing amounts may not be showing in the portal data due to potential issues with data synchronization or uploading. It is recommended to check if the invoices have been properly uploaded to the portal and if there are any errors or discrepancies in the data entry process.
What tax reports are available and how do I generate them?
In BUSY, there are various important tax reports available. Including GST Summary, GSTR-1, GSTR-2A, GSTR-2B, GSTR-3B, GSTR-4, GSTR-9,GSTR 9-C, Tax clause-44 audit report and many more.
To view these reports you can go to the
Step 1: Display
Step 2: GST Reports
Step 3: And choose the desired reports in list
What is the process to enable API access in the software?
To enable API access in the software, you need to go to the GST portal and navigate to the 'Manage API Access' option. Click on it and then click on 'Enable API Request'. Confirm the duration for API access (usually 30 days) and click 'Yes' to enable it.
Can I preview the GST JSON file before exporting from BUSY?
No you cannot preview the GST JSON file before exporting it from BUSY.
But you can check the gstr data in gst report before exporting the JSON file
To check gst report go to display
then click on gst report and
you will be able to see it