Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
I want to see item quantity and price in GST sales register
GST Sales register with custom column
To see item quantity and price in GST sales register follow the below steps:
Step 1: We can add a custom column of Item quantity and price by taking a field from the inventory voucher body.
Why is there a difference in decimal places in tax rate?
To change decimal place in tax rate , follow the steps below:
Step 1: Go to Administration then Configuration
Step 2: Select Features and Options now go to GST VAT
Step 3: In tax rate decimal place mention decimal place
How far back in time can I generate reports for?
You can generate reports for any period within the current financial year in BUSY. However, if you want to generate reports for a previous financial year, you need to switch to that financial year first and then generate the reports.
Difference between standard and GST formats in BUSY sales register
he main difference between standard and GST formats in BUSY sales register is that the Standard register can vavailable by default in software. And GST formats are the report it can help the users to view the GST related inormation.
How are journal entries included in GST reports in BUSY?
In BUSY, journal entries typically do not directly impact GST reports, such as GSTR-1 or GSTR-3B, because GST reports are primarily based on sales and purchase transactions. Journal entries are generally used for accounting adjustments, internal transfers, and non-GST transactions.
I made some amendments to my GSTR-A return in April but these changes are not reflected when I download the JSON file from BUSY. How can I see the latest amended GSTR-A in BUSY?
Changes not reflecting while download json from BUSY:
Step 1 : Ensure have latest data
Step 2 : Reconcile data
Step 3 : Check filter and date range
Step 4 : Manual data entry
Step 5 : GST portal verification
Some invoices are not showing in the ITC ledger even though they are in the GST portal. Why does this happen and how can I fix it?
If certain invoices are not visible in the Input Tax Credit (ITC) ledger, it is necessary to reconcile GSTR-2A/2B either on a party-wise or voucher-wise basis. If the invoices match during reconciliation, they will be displayed in the ITC ledger.
Some items are showing as free in the invoice while the same items also reflect actual values. How can I remove or consolidate these duplicate free entries?
To void or delete an incorrect invoice in BUSY, you can open the invoice and select the particular row to void or delete it. Or press the F9 key will hide the details and remove it from the invoice .
Why is the same item coming twice in the invoice once with zero value and once with actual value? How can I remove the zero value entry?
To void or delete an incorrect invoice in BUSY, you can open the invoice and select the particular row to void or delete it. Or press the F9 key will hide the details and remove it from the invoice .
Why is the ITC amount different in sections A and B of the GST return? I have claimed ITC only from B section.
GSTR-2A is an auto-populated read-only document that provides a comprehensive view of purchases made. On the other hand, GSTR-2B is a summarized view of input tax credit available to taxpayers for a particular tax period, generated by the GST portal.