Frequently Asked Questions

To access the report regarding parties billed with IGST amount, follow these steps:
 step 1:Access the account books within the display menu.
 step 2:Click on the account register and open the desired sales or purchase report.
 step 3:Select the mode as either one sales type or purchase type.
 step 4:Choose all parties and specify the sales or purchase type as Central - multirate or item-wise.
 step 5:Select the series start and end dates, along with other relevant options, then open the report.
 step 6:The report will display only those parties associated with IGST amounts.

To ensure IGST is calculated instead of CGST & SGST for inter-state transactions you can check the sales or purchase type selected as central - multi rate ot item wise then you can calculate IGST on transaction or incase your party was local but the shipping of his goods is on other state and he wants to calculate IGST on transaction then you can entered his shipping address deatils in billing shipping deatils and mention GST basis as per billing and shipping then software automatically calculate IGST on trandaction instead of CGST & SGST.

To Cross-verify the tax liability shown in the 3B report generated by BUSY with my original purchase/sale details, please follow 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 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 GST expense audit report 
 Step 6: Review the Bifurcation of expense nature wise

BUSYis essential for proper GST compliance. Here are steps to help you achieve this:
 Step 1: Ensure that you have correctly configured tax rates for various GST rates (e.g., 5%, 12%, 18%, and 28%). 
 Step 2: Ensure consistency in data entry, including item descriptions, tax rates , and transaction dates.
 Step 3: Regularly reconcile your ITC calculations with your GST returns (e.g., GSTR-3B, GSTR-2A, GSTR-2B).
 Step 4: Double-check vendor invoices for accuracy, including GST details.
 Step 5: Reconcile the input GST (GST paid on purchases) with the output GST (GST collected on sales).

In BUSY, to configure and file Monthly or quarterly GST returns, you can follow these steps:
 Step 1: Open your BUSY software and navigate to the Administration and then configuration section.
 Step 2: found in the Features and option and then GST/VAT Configuration menu
 Step 3: See options related to the filing frequencies for your GST returns. Select Quarterly as the filing frequency.
 Step 4: Now, configure your specific GST return forms
 Step 5: As you approach the end of each quarter, prepare and verify your GST returns for the respective period within BUSY.

To record exempt, nil rated, and zero rated items separately in the same voucher, you can specify the tax type for each item. In the tax type field, select Exempt for items that are exempt from GST under certain conditions or government notifications. Select Nil Rated for items that are totally tax-free and always taxable at 0%. And select Zero Rated for items that have a zero tax rate without any conditions or government notifications. By specifying the appropriate tax type for each item, you can ensure that select sale type as Multi rate.

getting an error while generating GSTR-1 return file to rectify that error follow these steps 
 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
 4. then check possible error screen appeared.
 5. 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 .

To ensure GST entries are passed correctly as per the tax period in BUSY you can follow below steps:
 Step 1: Go to display and click on GST reports.
 Step 2: Under GST reports, click on GST Audit reports. There you will get multiple reports like common mistakes report, Parties with invalid GSTIN, Invalid Tax rate in voucher and reconcile accounts and GST.
 Step 3: You can check these various reports it will show the error and rectify it accordingly.
 It is a advisable to consult a tax professional for further checking and clarification.

Here are some common factors to consider when entries are missing in the GSTR-3B report:
 Step 1: Check to ensure that you have correctly entered all relevant transactions
 Step 2: The GSTR-3B report typically generates data based on a specific date range.
 Step 3: Ensure that the ledger accounts you are using for GST-related transactions are appropriately configured
 Step 4: Use the correct voucher type for GST-related entries such as sales or purchase 
 Step 5: ensure that you have properly claimed ITC and adjusted it against your GST liability in your GSTR-3B return.

If your purchase register report in BUSY is displaying CGST and SGST tax amounts in separate lines,
 Step 1: Go to the standard invoice settings where you configure how your invoices are displayed.
 Step 2: Select Body configuration.
 Step 3: Look for options that allow you to disable unnecessary tax columns, such as CGST and SGST, from being displayed separately
 Step 4: Alternatively, you can choose to customize the invoice format to show the taxes in a single line for each invoice. Step 5: After making the necessary adjustments to the invoice settings.