Solutions to common issues related to Taxation — Gst Reports.
Support
Step-by-step Answers
forgot to revalidate GST before generating invoices in BUSY.Please follow the below steps : You can validate the GSTIN at any time in BUSY software
No, If you are posting purchase entry from from an unregistered party then it will not show up in the GSTR 2 report in BUSY.
If JSON not download correctly:
Step 1 : CHeck internet connection
Step 2 : CLear cache
Step 3 : FIle format
Step 4 : Firewall
In BUSY, there are additional GST features available such as GST return filing, GST invoice generation, GST reconciliation, e-Way bill generation, and GST compliance management.
Please follow below mention steps to generate GST Report:-
Step 1:- Display Tab
Step 2:- GST Reports
It consist GST Summary, GSTR-1, GSTR-2 and GSTR-3B Details
GST summary is not showing in display menu then please ensure that the GST should be enable from general tab and reopen company again.
GST related comliance managed by BUSY are:-
GSTR-1 Direct Return filling option
File GSTR-3B,
Reconcile GST statements, such as GSTR-1, GSTR-2A, GSTR-2B, GSTR-3B
You can check the GST summary and the profit and loss account under display menu for properly matching the sale puchase data in BUSY.
The GST calculates on the total amount, including the deduction. This is the correct way to account for GST as per the GST rules.
To download GSTR-2A data:
Step 1 : Click on transactions
Step 2 : GST misc utilities
Step 3 : Download GSTR JSON data
Step 4 : Download GSTR-2A
Join 6,00,000+ growing businesses who trust Busy for their financial management. Experience the power of professional accounting in the palm of your hand.