Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
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
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 .
I think there may be an error in a transaction I did recently. How can I get the details to verify and check that?
To view the common mistakes in transaction report follow below steps:
Step 1: Go to display option and select gst reports.
Step 2: Then select gst audit report and then select common mistakes to view the common mistake report.
What is the correct way to enter tax amounts in my Composition invoices should I apply it on individual items or total invoice value?
the correct way to enter tax amounts in Composition invoices is on total invoice value for that you need to set GST type as under composition scheme in GST configurtion also set default tax rate for applying.
The GSTR A data is not syncing with my BUSY. What should I do to ensure the data is updated and synced properly?
To ensure data is sync follow:
Step 1: Check internet connection
Step 2 : Verify software version
Step 3 : COnfigure GST settings
Step 4 : Login to GST portal
Step 5 : Reconcile data manually
I issued a credit note to a customer but it is not getting reflected in GSTR What should I do to reconcile this?
If credit note not relfecting in GSTR 1 check:
Step 1 : Verify credit note entry
Step 2 : Credit note match with invoice
Step 3 : Reconcile with GST portal
Step 4 : Correct month
There is a difference of Rs. between the total purchase amount and GST amount in my books. What could be causing this discrepancy?
Difference between total purchase and GST in books so you need to check your invoice amount and gst calculations also if you mentioned any other extra charges in invoice then check it accounting effect of that charges.
Why are the unregistered credit notes not getting reflected in my GST returns outside the documents?
The credit notes made to unregistered dealer below the amount of 2.5 lacs are visible in the B2C section of GSTR1, thats why they will not reflect in the Credit / Debit Notes (Unregistered) section of GSTR1.
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