Frequently Asked Questions

In BUSY, Input Tax Credit (ITC) details need to be entered correctltly, please follow steps : 
 Step 1: Go to the 'Transaction ' section.
 Step 2: Choose 'Purchase ' to record your purchase transactions.
 Step 3: Enter the supplier's details in the purchase voucher
 Step 4: Ensure that you enter the GST rate, tax amount, and other relevant information accurately.
 Step 5: make sure you have correctly configured it with the applicable GST tax rate.
 Step 6: Use reports like the GSTR-2A vs. GSTR-3B reconciliation report
 Step 7: Periodically file your GST returns through the GST portal

If you want see taxable and tax amount seperately of sale / purchase then you can check then Supply Outware / Inward Register by following these steps:
 Step 1: Go to Display menu and click on GST Reports.
 Step 2: Then, select GST Registers and can choose Supply OutwardRegister / Supply Inward Register as required.
 Step 3: Enter the date range and open the report. This report will show you the tax bifurcations.
 Further, you can also the Sales / Purchase register from account books and set Y on show bifurcation of amount to see the tax breakup.

In BUSY, Input Tax Credit (ITC) details need to be entered correctltly, please follow steps : 
 Step 1: Go to the 'Transaction ' section.
 Step 2: Choose 'Purchase ' to record your purchase transactions.
 Step 3: Enter the supplier's details in the purchase voucher
 Step 4: Ensure that you enter the GST rate, tax amount, and other relevant information accurately.
 Step 5: make sure you have correctly configured it with the applicable GST tax rate.
 Step 6: Use reports like the GSTR-2A vs. GSTR-3B reconciliation report
 Step 7: Periodically file your GST returns through the GST portal.

To see the annual GST summary in BUSY, you need to follow the below steps:
 Step 1: Go to Display, then select GST Reports, then select GST Summaries, then select Annual GST Summary.
 Step 2: then select the annual GST summary to be generated on a monthly or quarterly basis as per your requirement.
 Step 3: then select report type as inward supply, outward supply, output RCM, and all, then select as you require.
 Step 4: then specify the month from April to March or as you require, then press OK and press F2 to open the report.

Here are some common reasons and potential solutions to help you address this issue:
 Step 1: Double-check your data entry for accuracy and completeness. Step 2: Ensure that you are using the latest version of BUSY. Step 3: Insufficient user permissions may restrict your access to certain reports.
 Step 4; Cross-check your data with the vendor's GST returns using GSTR-2A or GSTR-2B data.
 Step 5: If the report is not correctly configured in the software, it may not display the desired information.
 Step 6: Incorrect data filters or date ranges can limit the data displayed in the report.

To adjust last year gst if buyer not filled return then follow the given steps :
 Step 1: Go to Transaction menu 
 Step 2: Click on Gst Misc. utilities option 
 Step 3: Then click on monthly ITC tagging report as per GSTR2B 
 Step 4: Then open report party wise or date wise 
 Step 5: Then specify month and click on Ok button 
 Step 6: Then select particular entry and press F4 to change the status of ITC 
 Step 7: Then you can claim the ITC as per your tagging in BUSY

If some of your filed GST returns are not showing up in the software, there could be a few possible reasons for this issue.
 Step 1 : One reason could be that the returns were not properly uploaded or synced with the software. 
 Step 2 : To resolve this issue, you can try refreshing or updating the software to ensure it is synced with the latest data from the GST portal.
 Step 3 : Additionally, you can check if there are any filters or search options applied in the software that may be hiding the filed returns.

To transfer input tax credit from one financial year to the next in BUSY, follow these simple steps:
 Step 1: Within BUSY, locate the Administration menu.
 Step 2: Under the Administration menu, click on the Change FY
 Step 3: In the Change FY settings, you should find an option that allows you to Carry Forward Pending ITC Entries to Next FY.
 Step 4: Choose this option to initiate the transfer of input tax credit to the next financial year.
 Step 5 :Complete the process, and the input tax credit entries will be transferred to the next financial year.

want to export my GST data from the accounting software to file GSTR-1
 1. go to the GST reports under Display menu 
 2. open GST returns and click on GSTR1 e-return 
 3. click on direct upload or JSON to generate file 
 4. mentioned relevant date range and click on ok 
 5. then check possible error screen appeared. 
 6. you can check all error before generating file to verify all details are entered in GSTR1 is correct or not after verify all details you can proceed to generate file and upload for GSTR1 return.

The potential reasons for incorrect GST input credits being calculated in BUSY could be 
 1 The GST nature may not be taken properly while generated Voucher it should be 
 B2B expense in GST nature for expense voucher and ITC eligibility must be Input goods and 
 services for purchase 
 2 The expense item master or account ledger might be not contain the proper GST type 
 it should be gst applicable for expense account and Service percent in tax category for 
 item master 
 3 The gst might not be applied properly on voucher