Solutions to common issues related to Taxation — Rcm Data Feeding And Report.
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Step-by-step Answers
To check the accounts selected while passing a manual GST RCM consolidated entry in BUSY, you can go to the GST Miscellaneous Utility and select the option to view the consolidated RCM payable entry. This will display the accounts that have been selected for the entry.
Here are the steps for passing Consolidate RCM Payable entry in BUSY :
Step 1: Go to transaction menu
Step 2: Click on Gst MIsc. Utilities
Step 3: Then click on Check/Post consolidate RCM Payable option
Step 4: Here you can pass entry of Consolidate RCM entry
If the taxable amount for the Reverse Charge Mechanism (RCM) isn't displaying correctly in your GST report, even after confirming the transaction is accurate, you should go to the housekeeping menu and run the Update Voucher GST Summary option. This should help correct the issue.
If the taxable amount for the Reverse Charge Mechanism (RCM) isn't displaying correctly in your GST report, even after confirming the transaction is accurate, you should go to the housekeeping menu and run the Update Voucher GST Summary option. This should help correct the issue.
If the taxable amount for the Reverse Charge Mechanism (RCM) isn't displaying correctly in your GST report, even after confirming the transaction is accurate, you should go to the housekeeping menu and run the Update Voucher GST Summary option. This should help correct the issue.
After selecting RCM invoie period & all other relevant deatails in voucher, while saving its asking to entered voucher number then you can click on Generate RCM invoice No. & invoice no will be automatically generate, there is no need to entered it manually .
After selecting RCM invoie period & all other relevant deatails in voucher, while saving its asking to entered voucher number then you can click on Generate RCM invoice No. & invoice no will be automatically generate, there is no need to entered it manually .
for record IGST on freight charges under RCM in BUSY you need to ensure that you select proper GSTIN & state in party's master which you select in RCM entry. as per your GSTIN and state software automatically defined IGST or CGST/SGST in entry .
for know your BUSY serial number please follow the below steps
step 1: Open your BUSY software
step 2: after open BUSY in top of the software screen there is details available related your BUSY software's version, model & 8 digit serial number
for know your BUSY serial number please follow the below steps
step 1: Open your BUSY software
step 2: after open BUSY in top of the software screen there is details available related your BUSY software's version, model & 8 digit serial number
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