Frequently Asked
Questions
Find Solutions to Common Issues Related to accounting-reports - bank reconciliation
How can I reconcile bank statements in BUSY?
In BUSY we can only see bank statment, we cant reconcile it. To reconcile your bank statement in BUSY, you can follow these Steps:
Step 1 : Click on display
Step 2 : Bank reconciliation
Step 3 : Show all enteries
Step 4 : Select your bank and open report
Step 5 : Check and clear entry by shortcut key "F4"
Step 6 : After that can check reconciliation statement
Where can i find the option to carry last year uncleared entries to current year?
To carry last year uncleared entries to current financial year, you need to follow these steps:
Step 1: Go to last financial year then go to administration menu then select change financial year option.
Step 2: Select carry bank reconciliation entries to then click on start button.
Step 3: After complete the process change financial year again and check the uncleared entries in current financial year.
How can i detect any mismatches in the Bank Reconciliation?
To identify any mismatch in the bank reconciliation, you can view the bank reconciliation statement and match with yout actual statement. To know how to check this report follow the below steps:
Step 1: Go to display menu then select bank reconciliation option and click on bank reconciliation statement.
Step 2: Select the bank account and enter the date range then open the report.
Can you guide me on how to mention the clearing date for the bank reconciliation?
To mention the clearing date for the bank reconciliation in BUSY follow below steps:
Step 1: Go to display option then select bank reconciliation option.
Step 2: Then select the show all entries then mention the account name and date range for reconciliation.
Step 3: After opening the account for bank reconciliation press F4 key for clearing date for the entry in bank reconciliation.
How can i check the clearing date of a bank entry in BUSY?
To check the clearing date of a bank entry in BUSY, you need to follow these steps:
Step 1: Go to display menu then select bank reconciliation option and click on show cleared entries.
Step 2: Select your bank account then enter date range and open the report.
Step 3: After opening it you will see all the cleared entries with the clearing date.
How can i unclear bank entrie in bank reconciliation report?
To unclear bank entry in Bank reconciliation, follow these steps:
Step 1: Go to display section then click on bank reconciliation option
Step 2: Click on show cleared entries then specify the bank account and date range and open the report.
Step 3: Select the required entry and then press f4 shortcut key, then specify the N for clear entry and save the window.
Can i see all uncleared entries of my bank?
Yes, you can see all uncleared entries of your bank by following these steps:
Step 1: Go to display menu then select bank reconciliation option and click on show uncleared entries.
Step 2: Select your bank account then enter date range and open the report.
Step 3: After opening it you will see all uncleared entries which you can also clear by pressing F4.
Edit deposits in BUSY reconciliation.
The Bank Reconciliation statement shows the entries of deposits and issue that you have made. If you want to edit a deposit entry, you can click on it and see all the receipt vouchers related to it. You can then open the voucher that you want to change and make the necessary modifications. After that, you can save the voucher again.
I want to see my monthly reconciliation reports, but they are not showing in my account. What should I do?
BUSY has a option of Bank Reconciliation, to view that reports follow these steps:
Step 1: Go to Display menu and click on Bank Reconciliation.
Step 2: Here, you can select the report among these, Show All Enteries, Show Uncleared Entries, Show Cleared Entries and Reconciliation Statement.
Step 3: Enter you month date range and can see the data.
How do I see all my bank statement entries and transactions in BUSY? I only see contra entries right now.
If you want to see your bank statements in BUSY please follow these steps:
Step 1: Go to display menu
Step 2: Then click on bank reconciliation report
Step 3: By viewing this report you can access your bank relate entries in BUSY
Step 4: Apart from that you can also check ledger of the bank accounts to view the bank entries