Frequently Asked
Questions
Find Solutions to Common Issues Related to accounting-reports - outstanding analysis
Some unknown on-account entries are showing up in BUSY that I did not create. Why are these entries appearing and how do I remove them?
If some entries are showing in the On Account Entries report then might be opening balance exist without references and you have not created / adjusted the bill references when you record it. To remove the entries from that report you need to create or adjust the bill references in the vouchers.
I am unable to find the specific bill date filter or parameter required in the outstanding reports. Where is this option located?
To get the specific bill date filter or parameter required you need to follow the steps
1 go to display menu and click on outstanding analysis
2 select bills receivable or payable which you want select account and select bill wise
combined then select the date range to see the report
What is the purpose of the "Bill By Bill Adjustment" box when creating vouchers in BUSY? How does it work?
The purpose of the "Bill By Bill Adjustment" box in BUSY
Point1: It to keeps track of party invoice payment and receipts outstanding
Point2: Is to manually adjust the payment and receipt details for a voucher.
Point3: It allows the user to enter specific references for each transaction and ensure accurate accounting.
How accurate is the outstanding analysis report in BUSY Can I rely on these numbers
The accuracy of the outstanding analysis report in BUSY depends on the accuracy of the data entered into the system. If the data is entered correctly and up-to-date, then the numbers in the report can be relied upon. However, it is always recommended to double-check the data for any discrepancies or errors.
I am confused about how to analyze long outstanding dues in BUSY based on the call transcript. Can you clarify the process?
To analyze the long outstanding dues in BUSY follow the steps
1 go to disply menu and click on outstanding analysis
2 select bills recivable then select one account or all account
3 select bill wise combined then select the date range as long as you have the data
and ok
Invoice payment status always showing as pending in party statement in BUSY. Why? How to fix?
If the invoice payment status is always showing as pending in the party statement in BUSY, you need to confirm whether you entered or not the recept voucher for that invoice. If you have not entered the recept voucher, then it will show you in the pending party statement in BUSY.
Where can I find reports on accounts receivable days outstanding (e.g. - days, - days etc.)?
To find the bills receivable report on the basis of days i.e, 0-30, 30-60, etc in BUSY, you need to follow these steps:
Step 1: Go to Display menu and click on Outstanding Analysis.
Step 2: You can select Ageing Receivables or Ageing Payables.
Step 3: Enter the date range and view the report.
How to select date range for generating annual sales report in BUSY system
To generate annual sales report date range wise, we have to go :
Step 1 : Click on display
Step2 : Account books
Step 3 : Account register (standard)
Step 4 : Sales register
Step 5 : All sale type
Step 6 : All parties
Step 7 : select annual date range
Step 8 : Open annual sales report
How do I track how much credit I've given each customer?
If you want to track the credit which given to the customer then can check the in outstanding report.
Pls follow the below steps :
Step 1: Click on Display
Step 2: Then Outstanding analysis
Step 3: Then Bills Receivable
Here select the either required party or group of parties then check accordingly in the report.
From where i can see ageing analysis report in BUSY?
If you want to see ageing analysis report in BUSY please follow these steps:
Step 1: Go to display menu then click on outstanding analysis sub menu
Step 2: Then click on ageing receivable or payable as required
Step 3: Select appropriate options and specify date range and you can check the report accordingly