Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
The IGST percentage is not showing up in my voucher. What should I do to see the IGST percentage and amount?
To fix the issue of IGST percentage not showing in the voucher, you need to check
Step 1: The tax category selected in the voucher.
Step 2 : Make sure it is set to GST and the percentage is set to 18%.
I am getting an error that my HSN codes are incorrect. What is the correct format for entering HSN codes?
The HSN code can be a 6-digit, 8-digit, or 10-digit code, depending on the level of detail required.
Some systems may require you to input the complete 6-digit HSN code, while others may ask for a more detailed 8 or 10-digit code.
What kind of transactions or entries in BUSY may not get reflected in the GSTR filing on the GST portal?
To ensure accurate and complete GSTR-1 filings, it's essential to review Bsuy settings, validate your data entries, and make any necessary corrections or manual adjustments as needed to account for the types of transactions that may not be automatically reflected in the return.
I want to claim input tax credit for a purchase invoice. What is the process to do this in BUSY?
To claim ITC on purchase invoice:
Step 1 : CLick on transaction
Step 2 : Purchase and add
Step 3 : Verify GSTIN
Step 4 : Input tax details
Step 5 : Generate GST return
Step 6 : Verify ITC in gst return
I want to generate a GST report in BUSY. How can I find and open the GST report option?
To generate a GST report in BUSY, you can find and open the GST report option by going to the "Display" menu, then selecting "GST Reports." From there, you will be able to access various options for generating different types of GST reports.
Why am I unable to claim input tax credit for a particular month and how can I resolve this?
You may be unable to claim input tax credit for a particular month if the vendor has not filed their GST returns yet. To resolve this, you will need to wait until the vendor files their returns before claiming the input tax credit.
Why am I unable to see percentage-wise splits for different Tax Rate in the same bill?
For view sales Register tax rate wise please follow these steps:
1. Go in Display then go in Gst Report
2. Then Go in Gst Register then Go in supply outward Register
3. Then Mention Date range and open Report
I already applied gst but till itc not picking up in your report?
If you are facing itc issue after applying gst properly
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 should I do if I encounter some invalid entries in GST reports?
To correct invalid entries showing in the GST reports in BUSY, follow these steps:
Step 1: Go to display menu and select the Gst Reports option.
Step 2: Select Gst audit reports then click on common mistakes.
Step 3: Open these reports and correct invalid entries.
Why is the download of government templates from BUSY taking a long time?
The download of government templates from BUSY takes a long time because of its government template format and government-defined templates, so it takes time, and it also depends on your data size; if it has heavy data, it will take a long time.