Frequently Asked Questions

The GST Summary report in BUSY shows you the tax liability and the input adjustment status. You can use this report to verify if you have paid the tax or adjusted the input correctly.

To include a specific GST summary in input credit, you need to do input-output adjustment and cross-adjustment every month. This will ensure that it matches in the GST summary and reflects on the P&L.

To modify an incorrect ITC reversal entry in BUSY, you can go to the respective voucher entry and make the necessary changes. Edit the entry by correcting the details and amounts as required.

If you do not pass adjustment entry and filing the subsequent month's return with incorrect amounts may result in data mismatch between your records and the GST portal during the data reconciliation process.

mismatch between the GST amounts in sales vouchers then make sure that the tax rate selected in item master is correct or not also check that you selected relevant sales type in voucher

If you do not renew your gst license you will not be able to post gst bills or use gst features such as e waybill , e invoice , gst return filling .

If you make changes to invoice data after generating GSTR1 in BUSY, it will impact GSTR3B, according to the changes, and we do not recommend making any changes after generating GSTR1 in BUSY.

GST should not be enabled automatically in your BUSY software without requesting or configuring GSTIN and other relevant details. The software should not assume that your business requires GST implementation without your input.

older purchase import entries not reflecting in the current month's GST reports because of that entries belongs to previous month so that's why older entries not reflecting in the current month's GST reports

In the GST summary report, a negative balance indicates that there is no liability to be paid, while a positive balance indicates that there is a tax liability that needs to be paid.