Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
Why am I unable to see certain entries I have made in the past months in the current month's reports?
unable to see certain entries made in the past months in the current month's reports
because of that entries belongs to previous month and you mentioned date period to open report for current months so that's why older entries not reflecting in the current month's report
I want to re-check the GST return entries before filing. Is there any option to view entries before final submission?
To re check the GST return entries before filling you can follow the steps
Step1 Go to display menu and click to gst reports
Step2 click on Gst returns then click on gstr1
Step3 select the period and ok to view the gst reports
Why can't I see the previous year's carry forward amounts and current year's amounts simultaneously in the same format?
In BUSY, the previous year's carry forward amounts and current year's amounts are displayed differently. The previous year's carry forward amounts are shown separately, while the current year's amounts are shown in a different format. This is how the software is designed to display the data.
I am unable to print the purchase register. How can I print the full purchase register for my records?
To print the full purchase register in BUSY, you can go to the Purchase Register and select the desired date range. Then, click on the Print option to generate a printable version of the register as per grid or as per BUSY then print it .
The agent mentioned my GST report and clause What is clause and how might it impact my GST report?
Clause 44 is a tax audit report required under the Income Tax Act. It provides a detailed breakdown of expenses and purchases subject to GST. The report is important for businesses to ensure compliance with tax regulations and to identify any discrepancies in their GST reporting.
I am unable to generate accurate GST reports because some transactions are misclassified. How to resolve this issue?
To address the issue of misclassified transactions impacting the accurate generation of GST reports, begin by identifying the specific transaction responsible for the problem. Correct the details of that particular transaction and save the changes. This corrective action should rectify the inaccuracies in your GST report.
I dont understand why IGST is being levied in my transaction. Could you explain why this is happening?
IGST, or Integrated Goods and Services Tax, is levied on inter-state transactions involving the movement of goods or services from one state to another. This tax is applicable when the transaction involves movement of goods or services from one state to another or from outside India.
My GST bill is showing invalid HSN error. What does this mean and how can I fix it?
If Show error Invalid HSN to resolved it folloe the below memtioned process:
Go to item master and validate HSN if it show invalid change the HSN code of that item
HSN code length depend on the turnover maximum length of HSN can be 8 digits
What is causing vouchers to get stuck in the backend of the software? How do I fix this?
Vouchers can get stuck in the backend of the software due to data entry issues. To fix this issue follow the below mentioned steps:
Step 1: Go to House keeping
Step 2: Click on Update voucher GST summary
We recommend to take backup before Update the voucher GST summary
Why is the opening balance of the last financial year not reflecting in my annual GST summary this year?
The opening balance of the last financial year is not reflecting in the annual GST summary this year because the software only shows reports for the current financial year. The opening balance from the previous year is not carried forward in the GST summary report.