Frequently Asked Questions

The depreciation chart shows the depreciation amount based on the rate of depreciation that you have set in the fixed assets masters. If the depreciation amount is incorrect, you should check the rate of depreciation in the fixed assets masters and correct it if needed. Also, when you open the depreciation chart, you should specify the depreciation account as Depreciation A/c.

Open the depreciation chart report from Display Tab then check the rate of depreciation is correct. In the report there is coloumn of depreciation to be charged. Check that amount and calculate the same fixed assets depreciation against rate on calculator it will always match.
If issue with the amount please contact our support Helpline no. i.e., 8282828282 or 011-40694069

Please follow below mention steps for depreciation chart:-
Step 1:- Define depreciation rate in Fixed Assets half yearly and yearly then,
Step 2:- Display Tab
Step 3:- Depreciation Chart
Step 4:- Select depreciation ledger all Fixed Assets will show with respective depreciation rate press "F4key to Post Depreciation Voucher.
After charge depreciation on fixed assets you can print same Depreciation chart report from BUSY.

Depreiciation rate in BUSY specify in fixed asset master. Please follow below mention steps for specification of depreciation rate:-
Step 1:- Administration Tab
Step 2:- Masters
Step 3:- Account
Step 4:- Add, enter fixed asset name on master group define fixed assets then a window appear define depreciation rate 
You can check rates of fixed assets go to Display Tab then Depreciation Chart

Please follow below mention steps to enable Company's Act Depreciation in BUSY:-
Step 1:- Administration Tab
Step 2:- Configration
Step 3:- Feature / option
Step 4:- Accounts
Step 5:- Click on checkbox on Company's Act Depreciation 
After enable option go to Display Tab and then Depreciation Chart it show 2 rule Income Tax Act and Company's Act (W.D.V. Method). Select Company's Act

Yes, Depreciation chart calculate depreciation as per precentages you had defined in fixed assets master. Please follow below mention steps for checking depreciation chart:-
Step 1:- Display Tab
Step 2:- Depreciation Chart
Select depreciation ledger and then chart will open all Fixed assets will show with their respective rates which is mention in masters. check depreciation to be charged filed

Yes, you can compare previous year depreciation in current year please follow below mention steps:-
Step 1:- Display Tab
Step 2:- Final Results
Step 3:- Profit & Loss A/c
Step 4:- Horizontal Or Vertical (Standard)
Step 5:- Enable option show previous year balances also, it reflect previous year data too.
Further you can check depreciation ledger by press "Alt+Land put previous year date.

Please follow below mention steps for checking depreciation chart:-
Step 1:- Display Tab
Step 2:- Depreciation Chart
Step 3:- Select ledger of depreciation all fixed assets will reflect with their respective depreciation rate then on the top of report click on export option or press "Alt+Eselect format and then save report.
Saved report is a copy of depreciation chart

Please follow below mention steps for print the depreciation chart for a specific asset account:-
Step 1:- Display Tab
Step 2:- Depreciation Chart
Step 3:- Select depreciation Ledger, All fixed assets will reflect with respective depreciation rate. Select asset account enter select account ledger and then press "Alt+Por on the top of report option click on print.

Please follow below mention steps for print the depreciation chart for a specific asset account:-
Step 1:- Display Tab
Step 2:- Depreciation Chart
Step 3:- Select depreciation Ledger, All fixed assets will reflect with respective depreciation rate. Select asset account enter select account ledger and then press "Alt+Por on the top of report option click on print.