Frequently Asked Questions

To find RCM report in BUSY, please follow below steps:
 Step 1: Click on transaction tab.
 Step 2: Click on GST Misc. Utility and select generation of report or as on date.
 Step 3: Specify date range and open report

After press F4 and select RCM in regular tax adjutment still entries not showing because of there is no voucher available of consolidate RCM payable for posting RCM against regular tax or you selected wrong period for posting RCM vouchers

In BUSY, the GST RCM consolidated voucher output is linked to the GSTR1 reports through the process of consolidation. When the RCM vouchers are consolidated, the relevant information is included in the GSTR1 report, ensuring accurate reporting of RCM transactions.

The RCM not getting added even reflecting in duties and taxes, follow reasons are:
 Step 1 : Configuration issue
 Step 2 : Tax classification
 Step 3 : Reporting period
 Step 4 : ITC adjustment
 Step 5 : Software update

If you notice any wrong values in your customized GST report, you should get in touch with the developer who created the report for you. For any issues or mistakes related to third-party customizations, our company is not responsible.

If you are unable to pass RCM entries in the GST portal, you should consult a CA or accountant for assistance. They will be able to guide you on how to correctly pass the RCM entries in the portal.

To verify if BUSY has auto-passed the GST RCM consolidated voucher correctly, you can check the GSTR-2A report in BUSY. This report will show the auto-passed entries and you can compare them with the original voucher to ensure accuracy.

you can calculate and record tax credit through purchase and journal voaucher in BUSY ther is no need to calculate input tax credit manually after posting purchase and journal voucher in GSt summary you can see input tax amount

Due to manual entry and wrong ledger selected in posting of RCM
If GST summary mismatch due to RCM follow the below steps:
Step 1: GST Misc Utilities->Check/Post Consolidated RCM Payable
Step 2: Daily /Monthly → Enter →F4
Step 3: Adjustment /Payment 

If you notice any wrong values in your customized GST report, you should get in touch with the developer who created the report for you. For any issues or mistakes related to third-party customizations, BUSY is not responsible.