Frequently Asked Questions

Double-check the format of the GSTN you have entered. The GSTN is a 15-digit alphanumeric code, and the first two digits represent the state code. If your GSTN is for a business in India, the state code should start with "07" for Delhi

If you made some changes to the GST account groups in BUSY, Now that your GST reports are showing incorrect totals, you should revert back to your changes, or you can select the relevant GST account group for the same to fix this.

The net purchase amount is getting added instead of subtracted because the "Include Purchase Return" option in the software is set to "Yes". To fix this, you need to change the setting to "No" so that the purchase return amount is subtracted separately.

If GST report data mistmatch as per BUSY data and actual data, you have to check :
 Step 1 : check data entry
 Step 2 : Verify GSTIN and tax rates
 Step 3 : Reconcile GST
 Step 4 : Verify place of supply

if you want to ensure and cross check about the taxable amount picked in GST returns are correct or not then check taxable amount of sales in GST summery and in balance sheet is match or not that's the right way to cross-check

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%.

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.

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.

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

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.