Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
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.
Is there a way to automatically remove or replace special characters in the data before importing it into the software?
Yes, there is a way to automatically remove or replace special characters in the data before importing it into the software. You can specify the special characters that need to be removed or replaced in the import settings of the software.
What should I do if there is a mismatch between ITC claims showing in BUSY vs the government portal?
You should reconcile the GSTR-2B in BUSY to check the mismatch between the ITC claims shown in BUSY and the GST portal. You can also tag the ITC from the Monthly ITC Tagging option to claim the correct amount of ITC.
I need to check if a transaction for Rs , went through properly in BUSY. What should I do?
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
I want to analyze my GST filings for a particular quarter. How do I do this in the software?
You can generate the GST reports from the below steps.
Step 1: Click on Display
Step 2: Then GST Reports
Step 3: Then GST Returns
Step 4: Then Select the required report which you want to view with the date range.
Some transactions for a party are showing correctly in BB but others are not. Why is this inconsistent?
It could be due to errors in the data entry or incorrect selection of transaction type (local or central) for the party. It is important to ensure consistency in data entry and transaction type selection to avoid inconsistencies in transaction display.
Why is the GST return filing page not opening when I press F after entering the date range?
the GST return filing page not opening when press F2 after entering the date range because before GST return filing page opening you have to check possible errors to verify that all details entered in GSTR1 is correct or not.
What should I do if I dont know the mobile number or email ID associated with GST login?
If you don't know the mobile number or email ID associated with GST login , you can contact the GST department or the customer support team of GST for assistance. They can help you retrieve or reset your login credentials.