Frequently Asked Questions

In BUSY, sometimes certain items may display GST (Goods and Services Tax) instead of VAT (Value Added Tax). This happens because the tax category is decided by the item's tax category master. The tax category master is what sets the tax rate for an item. 
 So, if the tax category master is set to GST, the item's tax category will be shown as GST. To change it to VAT, you'd need to edit the tax category master for that item and switch it to VAT.

To change the date range for reports in BUSY and customize the dates, follow these general steps:
 Step 1: Look for a Account Books section within BUSY.
 Step 2: Within the Account Books section, you should find an option for Sales Register .
 Step 3: Click on this option.
 Step 4: Choose the date range for which you want to generate the Sales Register.
 Step 5: Select a specific month, quarter, or year, depending on your requirements.
 Step 6: Specify the date range, and generate the report.

If you want to see a breakup of your purchases or sales based on different GST tax rates in BUSY, follow these steps:
 Step 1 : Go to Display Menu and choose GST Report.
 Step 2 : You'll find two reports: one for Sale/Purchase Register and the other for Inward/Outward Supply Register.
 Step 3 : Pick the report you need, set the date range and other options, and run the report. This will show you a detailed breakup of your transactions based on different GST tax rates.

ITC data from previous months not showing up in the ITC claim register,Here are steps you can take: 
 Step 1:Check Late filings or amendments to previous returns can impact the closing balance.
 Step 2: Ensure that all eligible ITC claims were made, and that any adjustments or reversals were correctly accounted for.
 Step 3: Update voucher GST summary in current year from House keeping menu . 
 Step 4 : Carry forward all pending entries to current year while changing the financial year from administration menu.

In BUSY, to configure and file Monthly GST returns, you can follow these steps:
 Step 1: Open your BUSY software and navigate to the GST configuration section.
 Step 2: found in the Masters or GST/VAT Configuration menu
 Step 3: See options related to the filing frequencies for your GST returns. Select Monthly 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.

Recording the sale of fixed assets correctly in BUSYinvolves several steps. Here's a guide on how to do it:
 Step 1 : Crete fixed asset Account master under group Fixed Asset . Step 2 : Create the Stock item of Asset you want to sold .
 Step 3 : tag sales account into item master. Step 4 : Create sale voucher for the sold fixed asset Step 5: Add voucher all details and information and sabve the voucher. Step 6: check the accounting report after voucher posting.

In BUSY, to configure and file quarterly GST returns, you can follow these steps:
 Step 1: Open your BUSY software and navigate to the GST configuration section.
 Step 2: found in the Masters or 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 show the correct taxable value in the reports then follow the below steps.
 Step 1: Ensure that the tax category is properly configured in the item master.
 Step 2: In the voucher, apply the correct sale purchase type according to local,central or export.
 Step 3: Make sure that the GST bill sundry configuration should be proper.
 You can check the GST audit report if no voucher are reflects in reconcile accounts and GST then its means that the taxable value is correctly showing in the voucher.

In BUSY, to configure and file quarterly GST returns, you can follow these steps:
 Step 1: Open your BUSY software and navigate to the GST configuration section.
 Step 2: found in the Masters or 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.

If you received a GST refund from the government that you need to account for reduce 
 your input tax credit balance you need to follow the steps 
 Step1 Go to transaction menu and click on journal then add 
 Step2 fill voucher series name date and voucher number then select GST nature as 
 GST tax adjustment 
 Step3 here Debit the Input tax GST like IGST Input and Credit the IGST Input available 
 account to adjust the input available with regular tax