Frequently Asked Questions

To Tag entries in monthly GST retuen please follow below steps :,
Step 1 : To change the status pending ITC Entries go to the Transacton menu .
Step 2: Click on Gst Misc Utilities option.
Step 3: Select monthly ITC tagging as per GSTR 2A / GSTR 2B
Step 4 : Select Partywise . 
Step 5 : Select the entry and press F4 to change the status ,

To enable tds and tcs in BUSY, you need to follow these steps:
Step 1: Go to administration menu then click on configuration sub menu.
Step 2: Select features and option and click on TDS or TCS tab.
Step 3: Tick on enable TDS reporting and enable TCS reporting then configure it as per the requirements.
Step 4: You also need to enable TDS and TCS in party's master.

If you want to record the purchase for the sample product with the seperate account then follow the below steps.
 Step 1: You can create the seperate account as a sub ledger for the same company.
 Step 2: Mention the same company PAN number in the seperate created account and enable the TDS feature.
 Then the TDS will get charge accurately in the voucher.

If the TDS deduction is not reflecting correctly in the ledger on net amount after TDS.
 Pls follow the below steps :
 Step 1: Click on Administration
 Step 2: Then Masters
 Step 3: Then Bill Sundry
 Step 4: Then Modify
 Step 5: Open the TDS bill sundry then in Right side you have to select the amount to be fed as Net bill amount.

To address this issue, consider the following possible steps:
 Step 1: Double-check the accuracy of the updated master data, especially tax-related information.
 Step 2: Verify the software's tax configurations to ensure they match the updated master data.
 Step 3: Reconcile the TDS and TCS accounts . Step 4 : Review theTDS and TCS reports .
 Step 5 : Recheck the transactions and balances .

To address this issue, consider the following possible steps:
 Step 1: Double-check the accuracy of the updated master data, especially tax-related information.
 Step 2: Verify the software's tax configurations to ensure they match the updated master data.
 Step 3: Reconcile the TDS and TCS accounts .
 Step 4 : Review theTDS and TCS reports .
 Step 5 : Recheck the transactions and balances .

To resolve the issue if the BUSY applies an incorrect TDS rate when PAN and TDS section already correctly defined.
 Pls follow the below steps :
 Step 1: Make sure that the TDS bill sundry configuration should be proper.
 Step 2: Make sure not to enter the TDS bill sundry manually in the voucher and default value in the bill sundry should be blank.

When the threshold limit get crossed then the TCS get charged automatically in the sales voucher from the below steps.
 Step 1: Enable the TCS feature from features and Options under Administration menu.
 Step 2: Enable the TCS option in the party master and set the applicability limit.
 Step 3: When the threshold limit get crossed then TCS reference window will get open automatically.

To link the TDS percentage with a vendor in BUSY then you have to enable the TDS option in the party master and it get apply according to the following steps.
 Step 1: For 194Q,When you mention the PAN number in the party master.
 Step 2: For Expense, It calculate according to the payee category mention under the TDS Category in the party master.

To configure the TDS percentage for various vendor in BUSY then you have to enable the TDS option in the party master and it get apply according to the following steps.
 Step 1: For 194Q,When you mention the PAN number in the party master.
 Step 2: For Expense, It calculate according to the payee category mention under the TDS Category in the party master.