Why does profit increase after fixed asset sale in BUSY
Increase in profit after the sale of a fixed asset occurs due to the accounting treatment of the sale transaction. Profit will increase when asset value will be less then sale value.
Frequently Asked Questions
Solutions to common issues related to Accounting Reports — Account Summary.
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Step-by-step Answers
In BUSY, I'm trying to filter sales data by date but unable to enter or select dates. What should I do to pick a date range?
To pick a date range when filtering sales data by date in BUSY, you need to select the start and end dates for the range you want to filter.
Is there a way to show narrations for entries within account ledgers in BUSY by default?
Yes, it is possible to show narrations for entries within account ledgers in BUSY by default.while generating account ledgers select yes to Show vch.long narration and Show short narration.
Why is BUSY not showing me the purchase and sale details together in one report? How can I get consolidated purchase and sale reports?
To see consildated summary report , follow these steps:
Step 1 : CLick on display
Step 2 : Then Account summary
Step 3 : CLick on consolidated summary
Where can I find the expense report with GST, TDS and party details?
You can find the expense report with GST, TDS, and party details in the Account Summary section under Party Turnover Details. or can check the account ledger also.
Can I filter BUSY reports by date
Yes, We can filter any report by Date Option. When we open the report Either Press F7 shortcut Key for Filter or Can Click Directly on Filter Option.
One of my parties is showing a star symbol indicating some error, but I don't see any issues with the party ledger creation. What could be causing this error?
When star symbol showing with the some party its means that some PDC entries has been done with the party.The PDC entries shows with the star sign.
Why is transaction summary display incorrect amount in BUSY?
If the transaction summary display incorrect amount in BUSY, you need to check the entries entered in the BUSY and correct the same if required.
I am unable to filter the settlement details report by a specific date. It shows me the cumulative data. Why is this happening?
You can filter the settlement details report by a specific date.Also you want to generate settlement details report by a specific date.
How can I troubleshoot download issues when trying to access account statements in BUSY?
We can view and export the account statement in excel, pdf, google sheet format but we cannot download it from BUSY software.
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