Frequently Asked
Questions
Find Solutions to Common Issues Related to accounting-reports - outstanding analysis
Why is the pending amount showing more than what I actually owe
The pending amount may be showing more than what you actually owe due to factors such as outstanding bills, adjustments, interest charges, or late fees that have not been accounted for. It is important to review your account statements and transaction history to identify any discrepancies and resolve them accordingly.
How do I record a new reference in BUSY without settlement
To record a new reference in BUSY without settlement, you can go to the voucher entry screen and enter the necessary details such as the reference number, date, and amount. Make sure to select the appropriate account and save the entry. This will create a new reference without any settlement.
How do I track payments made to vendors/received from customers?
In BUSY, you can track payments made to vendors and
received from customers by checking the outstanding analysis report of bills receivable and bills payable under display tab
you can enter all payments made to vendors entries in payment voucher and payment received from customers entries in receipt voucher
How are sales vouchers updated and linked to accounts receivable?
Sales vouchers are updated in BUSY by entering the relevant details such as the sale amount, customer information, and invoice number. These vouchers are then linked to accounts receivable by selecting the appropriate customer account. This ensures that the sales amount is recorded as an outstanding receivable for that customer.
How can I view past generated bills in BUSY?
To view past generated bills in BUSY , you can go to :
Step 1 : CLick on display
Step 2 : Outstanding analysis
Step 3 : Select the option for "Bills Receivable/Payable".
Step 4 : From there, you can filter the report by date range to view the bills generated in the past.
I want to know the total outstanding payment I need to receive from different parties as on a particular date. How can I get this summary?
here are the steps for checking outstanding receipt in BUSY :
Step 1: Go to Display menu
Step 2: Click on Outstanding Analysis report
Step 3: Then click on Bills Receivable report
Step 4: here you are check pending payment that you will need to receive
Where can I find the option to show net sales in the standard sales report in BUSY
To check net sale wise sales report in BUSY, we have to see this report :
Step 1 : Click on display
Step 2 : Sales analysis
Step 3 : item wise or party wise, select report as per requirement
Step 4 : Open report and check net sale qty or amount in report
How can I view payment details for a job work in the list?
To view payment details for a job work, please follow below steps:
Step 1; Go to Display menu and then Outstanding Analysis.
Step 2: And then check the Bills Receivable report select as a one account
Step 3: Now specify the date range and open the report to check the payment details.
There seems to be an error in the outstanding analysis feature in BUSY. It is not showing all the relevant accounts. What could be wrong?
If the outstanding reports not showing all account data then might you did not select All Accounts option while opening the report. You should also check the date and parameters that you have chosen for the report. If they are wrong, the report may not show the correct data.
I have an outstanding payment deadline coming up but the receivables data seems incorrect. What should I do to resolve this issue?
If you think that your receivable report showing incorrect data you may check following things:
1: Check on account entries of bill by bill refrences, and do rectify it.
2: Check report in short range and match it with account ledger or other report to find the mismatch entry or date.