Frequently Asked Questions

Solutions to common issues related to TaxationRcm Data Feeding And Report.

BUSY FAQ subcategory answers and support

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Step-by-step Answers

Where can I find the RCM report for freight charges in BUSY?.

You can find RCM report for freight charges in BUSY from GST Reports .

Where is the GST Miscellaneous Utility option located in BUSY?.

The GST Miscellaneous Utility option is located in the Transaction menu of BUSY software.

Where do I enter RCM in BUSY is it in purchase or payment voucher?.

You can enter RCM entry in both Purchase and payment voucher in BUSY

Can I amend RCM entries in BUSY after filing the GST return?.

No, you cannot amend RCM entries in BUSY after filing the GST return.

Can I adjust RCM expenses against my output tax liability in BUSY?.

Yes, you can adjust RCM expenses against your output tax liability in BUSY.

I am unable to find function key for GST adjustment window

You can press F4 key for post automatic posting of the GST voucher.

Where should I put the payable account for RCM payment duties and taxes or current liabilities?.

You should put the payable account for RCM payment under Current liabilities

Can I claim input tax credit on RCM expenses in BUSY?.

Yes, you can claim input tax credit on RCM expenses in BUSY.

Should I make RCM payment entries through bank in BUSY?.

Yes, you should make RCM payment entries through the bank in BUSY.

On whom did you set the RCM at % earlier?.

You can set expenses ledger head under RCM nature for transport services
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