Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
How can I get a consolidated report of all my GST sales, including local, central, and combined GST?
A consolidated report of all my GST sales, including local, central, and combined GST in BUSY by following these general steps:
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 tax summary .
Step 3: Click on it to proceed.
Step 4: In the GST Reports section,Look for the option labeled GST Summary
Step 5:Specify the date range of monthly and open the report .
Step 6 : you will get the tax bifurcation as per report format .
How can I view the split of supplies made to registered vs unregistered customers in my GST reports?
To view the split of supplies made to registered vs. unregistered customers in your GST reports, you need to follow the below steps:
Step 1: Display, then select GST Reports, then select GST Registers, then select Supply Outward Register, then select all parties, then select the date range as you require.
Step 2: Fill in the relevant information and select section-wise details as per the B2B for registered and B2C (small and large) for unregistered customers.
Step 3: Press F2 or OK to load the report one by one section-wise, or you can view it for all sections-wise in one report.
The IGST input is not calculating correctly in my balance sheet. What could be the reason for this?
Here are some common factors to consider:please follow steps :
Step 1: Check for data entry errors in BUSY .
Step 2: Make sure that transactions are correctly classified as either interstate or intrastate.
Step 3: Verify that the data in your GST returns matches the data
Step 4 : Check GST Summary Report from Display and then GST reports menu .
Step 5: Run update master Balnace utility from House keeping menu
Step 6: If you've made amendments or adjustments to your GST returns, ensure that these changes are accurately reflected in your balance sheet.
How do I link and upload the GST return JSON file from BUSY to the GST portal?
To link and upload the GST return JSON file from BUSY to the GST portal, follow these steps:
Step 1. Generate the JSON file in BUSY for the GST return.
Step 2. Save the JSON file on your computer.
Step 3. Go to the GST portal and log in using your credentials.
Step 4. Navigate to the Returns section.
Step 5. Select the appropriate return form (e.g., GSTR-1, GSTR-3B).
Step 6. Click on the Upload button.
Step 7. Choose the JSON file from your computer and upload it.
Step 8. Verify the details and submit the return on the GST portal.
What is the reason my GST and accounts data does not match? How do I troubleshoot this?
If your GST and account data do not match, then you need to check the below reasons:
1. You need to update the GST summary from the Houseking option.
2. You need to update the BUSY release to the latest version.
3. Also, you need to check the audit report from Display, then select GST Reports, then select GST Audit Reports, then select Reconcile Accounts & GST, then select the sale purchase and account voucher, then select the date range, and load the report by pressing the F2 or OK keys.
The above reason will help with GST and account data.
I made some changes to the HSN codes but they are not reflecting in the exported reports. Why is this happening?
It is possible that the HSN codes were not updated properly in the Item Master, which is why the changes are not reflecting in the exported reports.
To update HSN codes in BUSY, follow these steps:
Step 1: Go to the Administration section and click on Masters.
Step 2: Select the item and open it either from the Modify or List option.
Step 3: Select the item master for the item whose code you want to update.
Step 4: Update the HSN code manually and save the item master then export report with updated HSN codes.
I am unable to generate certain accounting reports in the software. How do I enable or access the required reports?
If unable to generate certain accounting reports in BUSY , then pls check the below steps :
Step 1: According to the BUSY Model, There are some features which is available in standard and Enterprise model but not in Basic. Make sure to seleect the correct model as per your BUSY license.
Step 2: If Company is open from the sub user and admin user has not given rights to the some feature then it will not show.
Step 3:Pls update the BUSY to the latest version as some feature was not there in are old BUSY version below BUSY 18.
Why is my actual GST payment not matching the liability shown in BUSY? How do I reconcile between the two?
Here are some common factors to consider:please follow steps :
Step 1: Check for data entry errors in BUSY .
Step 2: Make sure that transactions are correctly classified as either interstate or intrastate.
Step 3: Verify that the data in your GST returns matches the data
Step 4 : Check GST Summary Report from Display and then GST reports menu .
Step 5: Run update master Balnace utility from House keeping menu
Step 6: If you've made amendments or adjustments to your GST returns, ensure that these changes are accurately reflected in your balance sheet.
Why are some reports and registers taking very long time to generate in BUSY? How can I speed this up?
. Here are some common factors and steps to help speed up the process:
Step 1: The size of your data can significantly impact report generation speed
Step 2: take backup and reindexed database
Step 3: Check the performance of your hardware, including the speed of your hard drive and the amount of available RAM.
Step 4: Ensure that you are using the latest version of BUSY .
Step 5: Too many users accessing the software simultaneously can slow down report generation.
Step 6: Data corruption can lead to slow performance
Step 7: Review the filters applied to the reports.
How do I adjust or clear the additional GST credit balance that is showing in my reports? What is the right process?
To adjust or clear the additional GST credit balance in BUSY, follow these steps:
Step 1: Go to Display section then click on GST summaries option.
Step 2: Now choose GST summary then specify data range and open the report
Step 3: You can press F4 key on GST Summary to post various GST Adjustment & GST Payment voucher. On pressing the F4 key, a message box appears in which you are required to select the option for which you want to post the voucher.
Step 4: After making all the required entries, Your GST credit balance will be adjusted.