Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - rcm data feeding and report
What is the shortcut key for passing consolidate RCM entry?
F4 is the shortcut key for passing consolidate RCM entry in BUSY
Do I need to create a separate party for RCM expenses?.
Yes, you need to create a separate party for RCM expenses.
How do I set up auto-reconciliation for GST payments in BUSY?.
We dont have option to set up Auto-reconciliation for GST payments
Do I need to assign a voucher number separately for RCM entries in BUSY or will it be auto-generated?.
In BUSY, voucher numbers for RCM entries will be auto-generated.
Should I enter separate entries for RCM in BUSY?.
Yes, you should enter separate entries for RCM in BUSY.
How do I enter the RCM file in BUSY?.
We Dont have option in BUSY to File RCM
What is the full form of RCM?
The full form of RCM is Reverse Charge Mechanism
How can I reconcile my RCM payments with the entries made in BUSY?
For Reconciling RCM payment entries you can
How do I fix the error "RCM reversal undisturbed RCM"?.
In BUSY RCM Reversal Option not avialble.