Frequently Asked Questions

If you want to configure decimal places in your software but it does not seem to be applying correctly, If the tax amounts are rounding incorrectly, then you need to check the below steps:
 It's applicable in the case of item-wise tax only.
 Step 1: Go to Administration, then select Configuration.
 Step 2: then select Features and Options, then select the GST or VAT option.
 Step 3: In the GST/VAT report, you see the option to put the tax rate in decimal places as you require.

Generate and save GSTR eReturns from BUSY. To do this you need to follow these steps:
 Step 1: Open the Display menu and select GST Reports.
 Step 2: Choose GST Return and then the return type you want to generate, such as GSTR-1 eReturn, GSTR-3B eReturn, etc.
 Step 3: Choose the report format you want to generate, such as JSON, CSV File, As per Govt. Template, or Plain Excel.
 Step 4: Now enter the period and can generate the selected return as per the selected format.

If you are encountering issues with generating GST reports in BUSY, please follow below steps : 
 Step 1: Ensure that all sales and purchase transactions are accurately recorded in the software.
 Step 2: Verify that you have assigned the correct tax rates to your transactions.
 Step 3: Reconcile your accounts to confirm that the numbers in your reports match the entries in your accounts.
 Step 4: Check Missing or Deleted Entries
 Step 5: Double-check the date range you have selected when generating the GST reports.

Here are some common issues and solutions:
 Step 1: Ensure that the transaction date for the GST liability is entered correctly. 
 Step 2; verify the Accounting Period Mismatch
 Step 3: Check for any issues or bugs in BUSY
 Step 4: Review the entries made manually to ensure there are no errors in data entry
 STep 5: Ensure that the GST liability transactions are being posted correctly. 
 Step 6: Regularly reconcile your GST liability account with supporting documentation to identify and rectify any issues .

To adjust input tax credit with output tax liability in BUSY GST reports, follow the given below steps:
Step 1: Go to the Display menu and click on GST reports.
Step 2: Select GST summaries tab and again click on GST summary.
Step 3: Mention date range of particular month for adjusting input tax credit with output tax liability and open the GST report.
Step 4: Post adjustment entry by F4.
Step 5: Enter input/output adjustment entry first and then pass cross adjustment entry.
Step 6: Then enter Regular GST Payment entry. 

for show right value of GST in BUSY follow these steps 
 step 1: fo to the GST reports under Dispaly menu 
 step 2: open GST audit report under GSt reports 
 step 3: then click on Reconcile account and GST 
 step 4: select relevant voucher type for reconcile report 
 step 5: mentioned start and end date, then open report. there you can see if any mismatch showing between account and GST you can check diffrence and correct it then save voucher again.

to troubleshoot to identify and resolve the issue. Here are some steps to consider:
 Step 1: Match ITC with GSTR-2A/2B
 Step 2: Check Input Tax Credit Eligibility from GS T summary report 
 Step 3: Ensure that the GST tax are correctly applied to both the purchase and sale transactions
 Step 4: Confirm that you are adjusting the ITC correctly when preparing your GSTR-3B return. 
 Step 5: Input tax credit can be set off against your GST liability at the time of filing the return.

To ensure that your GST summary accurately reflects all transactions, including returned goods in BUSY, you need to follow these steps:
 Step 1: Make sure all the transaction correctly recorded with all the necessary details such as Sale / Purchase Type, ITC Eligibility, Taxes, etc.
 Step 2: In the item master tax category properly configured.
 Step 3: In accounting vouchers GST nature should be correct for registered expense, rcm expense, etc transactions.
 Step 4: For debit / credit notes post correct voucher with correct GST nature.

sale voucher is not getting GST even though selected the right sales type for that you need to ensure few things in BUSY 
 1. when you select sales type you need to ensure that the tax type and tax rate selected in sales type is correct 
 2. in item master you need to select tax category for calculating GST in invoice 
 3. after select item masters and other details if you selecting multirate sales type then press F4 for apply tax in voucher

If you're getting an error when trying to view GST reports in BUSY, follow these simple steps to resolve it:
 Step 1: Make sure that all your business and transaction data is entered correctly.
 Step 2: Make sure you have the latest version of BUSY. Software updates often fix bugs and errors
 Step 3: Sometimes, simply closing and reopening BUSY can resolve minor issues.
 Step 4: Look at the software's user manual or online documentation for troubleshooting tips related to the specific error message you're encountering.