Frequently Asked Questions

To correct incorrect tax payment balances in the software, you can follow these steps: 
 1. Review the tax payment entries for accuracy. 
 2. Identify any incorrect entries or discrepancies. 
 3. Delete the incorrect entries. 
 4. Re enter the correct tax payment amounts. 
 5. Ensure that the balances are updated and accurately reflected in the software. 
 Futher, you can follow the below steps for GST Adjustment entry in BUSY: 
 Step 1: Go to Display section then click on GST Reports and then select GST summaries option. 
 Step 2: Now choose GST summary then specify the date range of the particular month 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 adjusting your input and output taxes and then cross adjustments after that you can pass payment entry if output is available.

Reverse charge mechanism (RCM) GST but it is not getting reflected properly.then Create RCM Payable Voucher one have to use Check/Post Consolidated RCM Payable/To Check/Post Consolidated RCM Payable follow below Steps. 
 Step 1: Click on Transaction 
 Step 2: Click on GST Misc. Utilities
 Step 3: Click on Check/Post Consolidated RCM Payable 
 Step 4: Select Either Monthly Basis or Daily Dasis in which one wants to Create the Vocuher. 
 Step 5: Select required Details as asked 
 Step 6: Click on OK (F2) 
 Step 7: Press F4 to Post 'Consolidated RCM Payable' Voucher 
 Step 8: Select the Series in which one wants to Post the Voucher 
 Step 9: Specify Date in which one wants to Post the Voucher 
 Step 10: Click on Save 
 Step 11: Click on YEN when asked 
 Step 12: Click on Save 
 Step 13: Specify Required Details 
 Step 14: Click on Save 
 Step 15: Click on Save when asked 
 Step 16: Click on Yes/No as Required

If you cannot find the option to adjust GST differences, here are some common reasons and steps to address the issue:
 Step 1: Ensure that you have the necessary user permissions in BUSY to access and modify GST-related records.
 Step 2 : Ensure that you are using the latest version of your accounting software. 
 Step 3: Open the GST Summary section
 Step 4: While in the GST Summary, press the F4 key on your keyboard.
 Step 5: Select Adjustment or Payment Option
 Step 6: A message box will appear, allowing you to select the type of voucher you want to post.
 Step 7 : The available options typically include input/Outpout Adjustment.
 Step 8: Select this option when you need to make adjustments to your GST data.
 Step 9: After selecting the voucher type, you'll be prompted to enter the necessary details. Step 8: Once you've entered the required information, save and post the voucher.
 Step 10: This will update your GST ledger and balances based on the adjustments or payments made.

To troubleshoot why marketing expenses are not appearing in generated GST reports in BUSY, you can follow these steps: 
 Step 1: Review Ledger Accounts: Ensure that the marketing expenses transactions are recorded in the appropriate ledger accounts. Check the ledger accounts related to marketing expenses and verify that they are correctly categorized under the relevant GST tax code. 
 Step 2: Transaction Entry Details: Verify the transaction entry date for marketing expenses. Ensure that the transactions fall within the specified date range for the GST report. 
 Confirm that other transaction details, such as the voucher entry and any additional information like ledger account tagging, are accurate. 
 Step 3: GST Tax Code: Double-check that the expenses are assigned the correct GST tax code. Verify that the tax code associated with marketing expenses aligns with the applicable GST rules. 
 Step 4: GSTR-2 Report Settings: While generating the GSTR-2 report, confirm the date range selected. Ensure that the date range includes the period for which you want to generate the report.

To upload invoices on the GST portal using BUSY, you need to follow below steps: 
 1 need to enusre that you have installed latest version and release of BUSY 
 2 Go to administration menu click on configuration then click feature options then click on 
 GST VAT option and enable gstin number filling frequency and type of dealer then save 
 3 Make proper Sale voucher with party GSTIN address proper tax rates and item HSN codes 
 4 Before creating GSTR1 return file Go to Display menu and click on GST reports 
 then select GST Return and click on GSTR1 and select period then go to HSN summary and 
 check is their any invalid HSN showing or not if showing then modify it 
 Match the taxable amount and tax amount and save 
 5 then go to GSTR1 E-return option from GST return option select the period of file 
 check possible errors and modify then generate return through direct upload, json file or govt template.

To view the list of parties and invoices where you have applied local CGST and SGST, Central IGST, to get this report/list in BUSY, you need to follow the below steps: 
 Step 1: Go to Display. 
 Step 2: Select GST Reports. 
 Step 3: Choose GST Registers. 
 Step 4: Pick Sales Register, Purchase Register, Sales return Register, Purchase return Register. 
 Step 5: Select the register to be shown for local, central, and combined. 
 Step 6: Choose the register to be shown for bill-wise, HSN code-wise, and item-wise. 
 Step 7: Select the register to be shown for both B2B and B2C. 
 Step 8: Set the date range and relevant information, then press OK and F2. 
 Step 9: After loading the report, you can check the sales, purchases, Sales return Register, Purchase return Register, etc. 
 Step 10: In this you need to select the sales register to view the list of parties and invoices where you have applied local CGST and SGST, Central IGST.

To check the total sales and purchases made under different GST tax rates like 18%, 12%, etc, you need to check below steps:
 For Sales Report,
 Stesp 1: Go to Display, then select GST Reports, then select GST Registers, 
 Stesp 2: then select Supply Outward Register, then select All party, then select correct date range, 
 Stesp 3: and then select the relevant information and then press F2 or OK, 
 Stesp 4: in that report you will find the option of tax rates column to see the different GST tax rates like 18%, 12%, etc.
 For Purchases Report,
 Stesp 1: Go to Display, then select GST Reports, then select GST Registers, 
 Stesp 2: then select Supply Inward Register, then select All party, then select correct date range, 
 Stesp 3: and then select the relevant information and then press F2 or OK, 
 Stesp 4: in that report you will find the option of tax rates column to see the different GST tax rates like 18%, 12%, etc.

If you have entered all sales invoices but the GST report shows fewer invoices, you need to check the below reasons: 
 1. You need to check which invoice is not showing on the GST report. Check the sale type in the sale. Make sure the skip in GST report option is set to N; if set to Yes, the invoice will not appear in the GST report. 
 2. You need to check which invoice is not showing on the GST report. On that check the item and product master in the item and product master. Make sure the skip option in the GST report is set to N; if you put it as Yes, then that invoice will not show up in the GST report. 
 3. Also, you make sure the date range you report checking is the correct date range for which you want to see it. 
 4. If you are using an Enterprise version, then you should approve the voucher entry to show the transaction.

BUSY provides a variety of reports to help you manage your business finances effectively. Some of the reports are:
 1. Financial Reports: These include Balance Sheet, Profit & Loss Account, Trial Balance, etc.
 2. Account Books: These include Account Ledger, Sales Register, Purchase Register, etc.
 3. GST Reports: These include GSTR-1, GSTR-2, GSTR-3B, GSTR-4, GSTR-9, etc. These reports help you to comply with the GST laws and regulations in India.
 4. Outstanding Analysis Reports: These include Bills Receivables, Bills Payables, Aeging Reports, etc. These reports help you to manage your cash flow and credit control.
 5. MIS Reports: These include Profitability Report, Cash Flow, Fund Flow, Ratio Analysis, Multi Company Results, etc. These reports help you to measure and compare the performance of different segments of your business.
 6. Inventory Reports: These include Stock Status, Inventory Books, Inventory Summary, etc. These reports help you to track your inventory level.
 BUSY also provides two dashboard options such as User Dashboard and Party Dashboard which can be configured as per the requirements.

If some of your sales invoices missing in the tax liability report, you need to check the below reasons: 
 1. You need to check which invoice is not showing on the GST report. Check the sale type in the sale. Make sure the skip in GST report option is set to N; if set to Yes, the invoice will not appear in the GST report. 
 2. You need to check which invoice is not showing on the GST report. On that check the item and product master in the item and product master. Make sure the skip option in the GST report is set to N; if you put it as Yes, then that invoice will not show up in the GST report. 
 3. Also, you make sure the date range you report checking is the correct date range for which you want to see it. 
 4. If you are using an Enterprise version, then you should approve the voucher entry to show the transaction.