Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
How to handle mismatches between returns and actual credits available?
To handle mismatches between returns and actual credits available, you can follow these steps:
Step 1: Go to Display and then go to GST reports.
Step 2: Then click on GST registers.
Step 3: Select Electronic Cash/Credit ledger and reconcile the differences between the returns and actual credits
How to check supply outward report in BUSY software?
If you want to check supply outward report in BUSY please follow these steps:
Step 1: Go to display menu
Step 2: Then click on gst reports
Step 3: Then click on gst registers
Step 4: Afterwards click on supply outward register
Step 5: Then you can view the supply outward report
What is the process for making payment entry after GST payable so that it does not show as payable in the next month?
You have to enter payment voucher from transaction on the last date of the month in order for making payment entry after GST payable so that it will not show as payable in next month.
As have to Debit the GST payable ledger and credit your cash/bank account.
I need to update my GST summary in BUSY. What steps should I take to do this?
If you want to update GST summary then please follow the given steps
Step 1: Go to Housekeeping menu
Step 2: Then update Gst summary option.
Step 3: Click on complete for complete year.
Step 4: Cick on partial if want to update with some date range.
Why is a previous year's GST payment not showing up in the current year summary in BUSY?
The previous year GST payment entry not shows in the current financial year, you have to check in the previous year. As in the current financial year it shows the amount in the GST account of input and output as opening balance which reflect in the GST summary.
I am unable to find the serial number for my BUSY software. Where can I locate it?
Step 1: A Licence file has been shared on your registred mail ID, download that file and paste it on BUSYwin folder where you have install BUSY Step 2: Re-open BUSY to load license configurationyou can contact the dealer or the customer support of BUSY for further assistance.
I want to add multiple GST accounts in BUSY. What is the process to do it?
To add multiple GST accounts in BUSY, you need to follow the below steps:
Step 1: Go to Administration, then select Masters, then select Account, then click on Add.
Step 2: then put the relevant information and select the group as duties and taxes for the GST account.
What is the procedure to select multiple HSN codes or items in the sales register?
To select multiple HSN codes or items in the sales register, you can combine the local and central GST registers and choose the option to view the register bill-wise or HSN code-wise. This will allow you to see the sales register with multiple HSN codes or items selected.
My GST reports are showing domestic supply instead of exports. How can I fix this?
If your export transactions appear under the domestic supply section in the GST report, you should check the Sale type in the sale voucher in BUSY. Make sure that it is set as either I/GST-Export (Taxable) or I/GST-Export (ZeroRated), and if not, modify the voucher and correct it.
Why am I unable to see new changes and updates in the GST reports I download? The reports remain identical.
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