Frequently Asked
Questions
Find Solutions to Common Issues Related to accounting-reports - bank reconciliation
Where can I find reconciliation reports in BUSY after completing the process
After completing the reconciliation process in BUSY, you can access the reconciliation reports by navigating to Display and then Bank Reconciliation and then Reconciliation Statement to display the required report.
What reference number should I enter when doing a sales return for an invoice I dont have the number for in BUSY
When doing a sales return for an invoice that doesn't have a number, you can enter a reference number of your choice or leave it blank if not required.
How do I bring across my reconciliation entries when switching from another accounting software to BUSY
It is not possible to carry over the reconciliation statement from any other software into BUSY. For assistance or further information, please contact our BUSY support center at 8282828282.
How can I ensure that the bank statement reconciliation report displays all the details of cheque deposits and issues, including bill-wise information, along with opening and closing balances
If you can't find an option in BUSY, follow these steps:
Step1 Share your feedback at supportatBUSYdotin.
Step2 Contact a BUSY solution partner for customized reports (this service is chargeable).
How can I set up automatic bank reconciliation in BUSY?
BUSY does not have built - in automatic bank reconciliation features, However you open the report and by using default shortcut key F4 you can clear the entry.
Can you explain which report is required for reconciliation?
The report required for reconciliation in BUSY depends on the type of reconciliation being done. It could be bank reconciliation, GST reconciliation, or expenses reconciliation, among others.
The bank reconciliation feature in BUSY is not working properly. How can I resolve this and ensure accurate reconciliation of my accounts?
To accurate bank account check:
Step 1 : check data entry
Step 2 : Bank statement
Step 3 : Outstanding transaction
Step 4 : Uncleared cheques
Is automatic bank reconciliation available in BUSY? If so, how can I set it up?
BUSY does not have an automatic bank reconciliation feature. You need to reconcile the bank data entered in BUSY with your bank statement manually.
I maintain cheque printing and bank instrument details in BUSY but they dont seem to be linking properly during reconciliation What should I do
In BUSY, the process of cheque printing and bank reconciliation are typically separate functions, and the software doesn't automatically link them by default.
What types of accounts can I reconcile in BUSY
In BUSY, you can reconcile various types of accounts such as bank accounts, credit card accounts, cash accounts, and other financial accounts.