Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
Does BUSY allow tracking of input credit and utilization against output liability for GST compliance?
Yes, BUSY allows tracking of input credit and utilization against output
liability for GST compliance.
You can check GST summary to check detailed information about the input credit
and utilization against output liability
How can I claim ITC for purchases that were originally ineligible under Section ?
Section 17 of the Goods and Services Tax (GST) Act in India lists the situations where Input Tax Credit (ITC) is ineligible. If you want to claim ITC for purchases that were originally ineligible under Section 17
I made an invoice in the current month but the system is picking up invoice details from the previous month. Why is this happening and how can I rectify it?
made an invoice in the current month but the system is picking up invoice details from the previous month for that make sure while enter invoice, select current months date and all relevant deatils then save it
The totals are not calculating correctly in my GST report after I applied some filters. What could be the reason and how can I troubleshoot this?
Fixing the totals discrepancy in the GST report after applying filters is important to ensure accurate reporting and compliance with GST regulations.If you apply filter on correct value then it will show total amount as per filter.
How do I open previous GST reports in BUSY? I need to view a report from th June but am only able to access current reports.
For Open previous month Gst Report please follow these steps:
1. Go in Display then Go in Gst Report
2. Choose Report type
3. Mention date which is under current year and open report
How do I check that my GST updates are properly saving after I make changes to any entries or details?
To confirm that the change you made are reflecting in gst reports you can view the gst summary or gst register option from display option then select either gst summarty or gst register to view different reports.
What should I check if I entered my GST portal username but still cannot generate e-way bills in BUSY?
If you entered your GST portal username but still cannot generate e-way bills in BUSY, you should check if the username is correct and if you have entered it in the GST configuration settings in BUSY correctly.
Why am I getting the error "Settlement amount could not be generated" when trying to file my GSTR return?
If you getting the error Settlement amount could not be generated when you trying to file GSTR return, you need to check the error in the transaction to match the invoice details before submitting the GSR report.
I am having trouble navigating the software interface. How can I find the options I need more easily?
To find the options that you need more easily, you can check the below possibilities.
1. Close the BUSY application and reopen it.
2. Take the latest data backup and re-index the data from the housekeeping option.
The total invoice value is not visible in the reports after applying filters. How can I get the total invoice value along with filtered data?
The total invoice value is not visible in the reports after applying filters to get the total invoice value along with filtered data please make sure that you filter correct value or field to generate report .