Home / Busy GST Software
Updated on 26 Jul 2021 9.00 AM IST | 4 min read
Overview of Busy GST Software
Choosing right accounting software for your business requires a thorough understanding of your business segment and size. Accounting software is nothing but a class of computer programs that enable you to manage your business’s financial transactions and help the companies to manage their resources efficiently. Features such as accuracy, speed, reduced overall costs, generation of accurate reports, timely filing of taxes are must in any accounting software, however with the introduction of GST i.e. one nation one tax, compliance with its mandate has become the priority and most desirable feature in any accounting software. While most of the accounting software are working round the clock to include GST compliance in their existing features, few of them are much ahead in the game, such as BUSY GST software.
Developed and launched by Busy Infotech Pvt. Ltd, BUSY software was launched at IT’ Asia in the year 1994 and ever since then, it has earned its base with some of famous names such as Amity Business School, Delhi Public School, Children Book Trust, LG Chemicals, Wembley Laboratories, LG Chemicals, Asian Paints, Plaza Cables, Baron International, Essel Shyam Communication, Archana Airways, World Bank, India International Center, All India Management Association (AIMA) to name a few. The promoters of BUSY software includes names such as Harish Chander, Dinesh Kumar Gupta and Rajesh Gupta who also holds positions of Chairman, Managing Director and Director respectively.
Having more than 3, 00,000 licenses sold worldwide, BUSY software is an integrated business accounting software designed specifically for micro, small and medium businesses in order to help them manage their business efficiently. It has earned its name in the accounting world and is known for empowering the small and medium enterprises with unique and enriched accounting and inventory features. BUSY GST software is known as one of the leading business accounting softwares in India and is leading the game with its enriched features and modules such as financial accounting (multi-currency), fully user-configurable invoicing, sales/purchase order processing, multi-location inventory management, production/bill of material, user-configurable documents and letters, user-configurable columns in reports, MIS reports and its analysis, payroll management, service tax and TDS, Mfg or trading excise registers, user-configurable columns in reports, state-specific CST/VAT reports etc.
Busy GST software comes in three variants, each having a different cost attached to it, namely Busy Basic Version; Busy Standard Version and Busy Enterprise Version for Rs 7200, Rs 13,500 and Rs 19,800 respectively. Each variant has its own specific features and its basic variant is the most basic one and features such as payment reminder letters, royalty calculation etc are not included in it whereas its standard and enterprise versions are more advanced and have features such user-configurable final results (enterprise variant) and party-wise price structure for items/item groups, (standard).
Every module of the software has number of features in it which makes it unique and desirable in the business world. For example its multi-location inventory module has features such as item consumption analysis, Challan management, item details printing, order processing, production planning etc. Features under its accounting reports module are account ledger, bank reconciliation, depreciation handling and chart, multi-currency, royalty calculation and reporting to name a few.
Features of Busy GST Software
BUSY software is known for its enriched features. Salient features and sub-features of BUSY GST software are as mentioned:
Who Can Use Busy GST Software?
As mentioned above, BUSY GST software caters for micro, small and medium sized enterprises. Apart from that, it can also be used by the start-ups, an individual, agencies and enterprises.
Pros and Cons of Busy GST Software
Busy GST software has its advantages and disadvantages as listed below:
The main advantage of BUSY GST software is that it offers context sensitive online help and enquiry and support management. Also one does not have to go through a rigorous training to understand the software and while the software has earned its name in terms of GST compliance and multi-location inventory management, it still has a long way to go in terms of ecommerce integration and maintenance functionality.
Busy GST Software FAQ's
Final Thoughts on Busy GST Software
No software is good or bad but it has to strike the right chords of its users in order to float in the market. Where most of its users vouch for its features such as GST compliance, multi-location inventory management, multi-company accounting and a fully user-configurable invoicing, many are hoping if its developers can remove the few glitches here and there for it to an ideal one for the market.
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Due date for deposit of Tax deducted/collected for the month of June, 2021. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax ChallanJul 07th ,2021
Due date for deposit of TDS for the period April 2021 to June 2021 when Assessing Officer has permitted quarterly deposit of TDS under section 192, 194A, 194D or 194H.Jul 07th ,2021
GSTR-7 Summary of Tax Deducted at Source (TDS) and deposited under GST lawsJul 10th ,2021
GSTR-8 Summary of Tax Collected at Source (TCS) by e-commerce operators under GST lawsJul 10th ,2021
GSTR 1 for June 2021 (turnover more than INR. 1.50 Crore)Jul 11th ,2021
GSTR-6 Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributor (ISD)Jul 13th ,2021