Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
How can I integrate BUSY with other third-party applications or platforms? Are there any specific steps or requirements for this integration process?I have entered a sales invoice in BUSY but it is not reflecting in the GST returns. What could be the issue and how can I fix it?
For integration you need to contact your dealer.
If sale invoice is not relfecting in gst check:
Step 1 : CHeck Sale type
Step 2 : CHeck tax rate
Step 3 : CHeck party configuration
I entered all vendor details including GST numbers but it does not reflect in my GST reports. What should I do to get the GST numbers to show up?
for show all vendor details including GST numbers in your GST reports. because you need to post atleast one transactions of particular vendors then it will be show in GST reports with GSTIN no .
I am unable to reconcile closing stock value and associated GST in BUSY with my physical stock. What should I do to get accurate stock reports?
In BUSY, The closing stock value shows without GST in the stock status report under display menu.
If you want to reconcile the closing stock value with GST then manually you need to check it.
From where can i veiew the report of expense which has done through purchase or other accounting vouchers in BUSY?
You can view the expense report from the below steps.
Step 1: Click on Display Menu
Step 2: Then GST Reports
Step 3: Then GST other Reports
Step 4: Then purchase ITC wise expense report.
The cross-adjustment of GST is not clear to me. When and how should I record cross-adjustments of GST in BUSY?
You need to do cross adjustment when after your Input output adjustment of same tax done but
still CGST or SGST Output exist then this amount will adjust with IGST input by cross adjustment
How often is the GSTR B data updated in BUSY? Can I set a specific schedule for the updates?
Data is typically updated periodically on the GST portal, often on a monthly basis. You can usually download GSTR-2B data for a specific month after the return filing due date for that month has passed.
Why am I unable to exclude the TCS amount from the BB invoices in the GST return?
TCS Amount add in invoice value but tax calculate on Taxbale amount in which TCS Amount do not add.If you dont want to include in B2B then you need to remove TCS Entry from invoice.
How can I customize the sales register and purchase register reports to meet my business needs?
To customize the sales register and purchase register reports to meet your business needs add custom column in particular report for required field . if requiremnt not getting fulfiled by customcolumn contact to partner forcustomisation
How do I change the tax rates manually for different states in the software?
in BUSY there is no need to change tax rates manually for different states, BUSY auto calculated tax if party was local then calculate CGST and SGST or if party was central then calculate IGST.
How to ensure interest expenses marked as non-GST are excluded from GSTR-B in BUSY?
In GSTR-3B, Table 3 is primarily for outward supplies and includes details related to taxable and non-taxable outward supplies. Exempt interest expenses, which do not part of GST, should not be reported in Table 3.