Frequently Asked Questions

apply discounts and credit notes for invoices in BUSY, Here's a step-by-step guide to ensure their proper reflection:
 Step 1: Sales return from transaction menu 
 Step 2 : Assign the appropriate tax rates to sales return , especially if they involve GST. 
 Step 3: Apply discount in bill sunadry and save the voucher 
 Step 4 : Navigate to the Display section, and look for the GST Returns - GSTR-1 report.
 Step 5 : Report based on the relevant tax period (usually a month or a quarter)
 Step 6 : When you generate the GSTR-1 report, it should automatically include the credit notes 
 Step 6: Carefully review the GSTR-1 report to ensure that the credit notes are accurately reflected in the report.

If B2B invoices are not showing in GTSR1 report then follow the given steps:
Step 1: Go to display menu 
Step 2: Then click on Gst reports option 
Step 3: Then click on Gst returns option 
Step 4: Then click on GSTR1 option 
Step 5: Then specify date range and make sure to disable Skip E-invoices option as N 
Step 6: Then click on OK button and check the B2B invoices
If still not showing invoices in GSTR1 report then follow the steps:
Step 7: Open respective voucher in modify mode 
Step 8: Then click on sale type option and press ALT+M 
Step 9: Then Check Skip in Gst report option is disabled as N and click on Ok button 
Step 10: Then check the GST report again

get full breakup of input and output GST in BUSY reports,Here's how you can do it:
 Step 1: Once you are logged into the software, look for the Display menu.
 Step 2: Within the Display menu, you should find a submenu or option related to GST Reports.
 Step 3: Click on it to proceed.
 Step 4: In the GST Reports section,Look for the option labeled GST Other Reports
 Step 5: Look for the Tax Rate Wise Output Tax Report option, and click on it to access this specific report
 Step 6: Review the Bifurcation of Tax Rate Wise Output Tax Data and Generate the report . Step 7: This report will display a breakdown or bifurcation of the output tax data based on tax rates

To adjust your cash/credit sales and expenses in GST, you need to follow these steps:
 1. Record your sales and expenses accurately in BUSY.
 2. Ensure that you have selected the correct GST tax codes for your sales and expenses.
 3. Reconcile your sales and expenses with the GST summary report generated in BUSY.
 4. If there are any discrepancies, make the necessary adjustments in the software.
 5. Once the adjustments are made, generate the updated GST returns in BUSY.
 6. Verify that the adjusted sales and expenses are reflected correctly in the GST returns.
 7. File your GST returns with the appropriate tax authorities.
 By following these steps, you can effectively adjust your cash/credit sales and expenses in GST using BUSY.

tax rate wise breakup for purchases and sales in BUSY,Here's how you can do it:
 Step 1: Once you are logged into the software, look for the Display menu.
 Step 2: Within the Display menu, you should find a submenu or option related to GST Reports.
 Step 3: Click on it to proceed.
 Step 4: In the GST Reports section,Look for the option labeled GST Other Reports
 Step 5: Look for the Tax Rate Wise Output Tax Report option, and click on it to access this specific report
 Step 6: Review the Bifurcation of Tax Rate Wise Output Tax Data and Generate the report . Step 7: This report will display a breakdown or bifurcation of the output tax data based on tax rates

If you're exporting a GST sales report that includes both 5% and 12% GST sales,Here's how you can do it:
 Step 1: Once you are logged into the software, look for the Display menu.
 Step 2: Within the Display menu, you should find a submenu or option related to GST Reports.
 Step 3: Click on it to proceed.
 Step 4: In the GST Reports section,Look for the option labeled GST Registers
 Step 5: Look for the Gst Sales register Report option, and click on it to access this specific report
 Step 6: Review the Bifurcation of Gst Sales register Data and Generate the report . Step 7: This report will display a breakdown or bifurcation of the output tax data based on tax rates

If tax amount is not showing correctly in GST summary you can follow the below steps:
Step 1: Check the type in transaction voucher should match then tax percentage mention in item 
Step 2: If multiple tax rate items are mention in voucher mention transaction type accordingly as itemwise or multirate
Step 3: When selected multirate apply tax on bill sundry and if mention itemwise check after mention item amount tax wondow will appear 
Step 4: Then compare the tax calulation as per percentage and taxable amount mentioned 
Step 5: Check tax account tagged corrcetly in transaction type bill sundry.
Step 6: Check then group of all tax account should be dutie and taxes.
By following these steps you can troubleshoot for tax amount discrepancies in GST reports.

To break down sales by tax rates in BUSY Here's how you can do it:
 Step 1: Once you are logged into the software, look for the Display menu.
 Step 2: Within the Display menu, you should find a submenu or option related to GST Reports.
 Step 3: Click on it to proceed.
 Step 4: In the GST Reports section,Look for the option labeled GST Other Reports
 Step 5: Look for the Tax Rate Wise Output Tax Report option, and click on it to access this specific report
 Step 6: Review the Bifurcation of Tax Rate Wise Output Tax Data and Generate the report . Step 7: This report will display a breakdown or bifurcation of the output tax data based on tax rates

To cross-adjust input credit balances that could not be utilized in the same financial year, you can follow these steps:
 1. Open the GST Summary in the BUSY.
 2. Press the F4 key to access the options.
 3. Select the "Cross Adjustment" option.
 4. In the "Generate GST Cross Adjustment Voucher" window, provide the relevant details such as voucher series, voucher date, account to be debited, and account to be credited.
 5. Save the cross-adjustment entry.
 6. This will adjust the remaining input credit against the output liability.
 7. After the cross-adjustment, you can make the necessary payment for the remaining balance.
 By following these steps, you can cross-adjust the input credit balances that were not utilized in the same financial year.

Here's a simplified step-by-step guide to resolve the issue where GST amounts do not match the taxable value in invoices in BUSY: 
 Steps: 
 Step 1:Go to the product settings for each item in your purchase invoices. 
 Ensure that the correct tax rate and tax type are selected for each product. 
 Step 2:Confirm that the correct tax rate is selected for the supplier associated with the purchase invoices. 
 Step 3:Check the tax calculation settings in the software. 
 Ensure that the settings are configured correctly to calculate GST amounts accurately. 
 By following these steps, you can adjust the settings in BUSY to ensure proper GST calculation in purchase invoices and resolve any discrepancies between GST amounts and taxable values.