Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
Is there a report for HSN code missing items in a bill?
Yes, there are several reports available in BUSY that can help you identify missing HSN codes of items on a bill:
Supply outward register with show qty details of GST register
Hsn wise summry report from gst1 / from gst other reports etc.
How do I record cash withdrawals from an ATM for business expenses?
Here's how to record these transactions:
Step 1: Create a Cash Account
Step 2: Debit the Cash Account to decrease the cash balance
Step 3: Create Expense Entries:
Step 4: Debit the appropriate expense account
Step 5: Credit the Cash Account
How do I adjust input and output GST amounts in BUSY?
To adjust input and output GST amounts in BUSY
Step 1: Go to the Display
Step 2: Then GST Reports
Step 3: Then GST Summary
step 4: open in date range and press f4 and go in input output adjustment tab
How can we see combine Report of IGST and CGST Report?
To get Combine report of IGST and CGST:
Step 1: Go to Display.
Step 2: Click on GST Registers.
Step 3: Select Sale Register Select Register to be shown by Combined option.
Step 4: According to your requirement select then OK.
How do I check vouchers/entries for a month in BUSY?
check vouchers/entries for a month in BUSY, please follow steps :
Step 1: Go to display menu
Step 2: Select Account Books
Step 3 : click on Daybook option
Step 4: Specify the date range and view the report
Help explaining GST entries in BUSY reports
I need more details about your query. Which entry do you want to know about in GST Reports?
Further you can also contact us on our 24X7 helpline number: 8282828282 or 011 40964096. You can also email us your query at support@busy.in.
How does BUSY handle GST and ITC reversals?
BUSY handles GST and ITC reversals by allowing users to tag ITC in their entries and automatically calculating the net ITC. The software also provides reports such as GST-R1, GST-R2, and GST-R3 to help with reconciliation and filing of GST returns.
How are sales taxes handled in the reports?
Sales taxes are handled in the reports by displaying the taxable amount and tax amount bifurcated as per different tax rates, such as 0%, 10%, 12%, etc. This allows for a clear breakdown of the sales tax amounts in the reports.
I need to check the entries made in a particular month. How can I generate reports for a specific period in BUSY?
check vouchers/entries for a month in BUSY, please follow steps :
Step 1: Go to display menu
Step 2: Select Account Books
Step 3 : click on Daybook option
Step 4: Specify the date range and view the report
Why are both positive and negative values showing in my GST sales register? How can I differentiate between sales and returns?
There is no such differenciation available in sale register report that the invoice belongs to sale or sale return.
Further you can check supply outward register report in gst reports that give you option to select section of credit note