Frequently Asked
Questions
Find Solutions to Common Issues Related to accounting-reports - outstanding analysis
How do I open the bills receivable module in BUSY
To generate a report that shows only new invoices and payments for the current month, you can apply a filter based on the date range. Set the start date as the beginning of the current month and the end date as the current date. This will display only the invoices and payments made within the current month.
Step 1 :Launch the BUSY and log in to your account.
Step 2 :Look for the Displayor Reportssection in the software's menu.
Step 3 :Within the Display or Reports section, find the option that allows you to generate a report on Amounts Receivable - Payableor Bills Receivable and Payable ,Aging Analysis.
Step 4 :After selecting the report option, you will likely be prompted to specify the date range for the report.
Step 5 :Depending on your needs, you may have the option to customize the report settings.
Step 6 : This action will prompt the software to generate the outstanding report.
How do I view outstanding payments from customers in BUSY
To generate a report that shows only new invoices and payments for the current month, you can apply a filter based on the date range. Set the start date as the beginning of the current month and the end date as the current date. This will display only the invoices and payments made within the current month.
Step 1 :Launch the BUSY and log in to your account.
Step 2 :Look for the Displayor Reportssection in the software's menu.
Step 3 :Within the Display or Reports section, find the option that allows you to generate a report on Amounts Receivable - Payableor Bills Receivable and Payable ,Aging Analysis.
Step 4 :After selecting the report option, you will likely be prompted to specify the date range for the report.
Step 5 :Depending on your needs, you may have the option to customize the report settings.
Step 6 : This action will prompt the software to generate the outstanding report.
How do I track account receivables in BUSY?How do I reconcile bank transactions with BUSY?
To track account receivable you can follow some steps:
Step 1: Go to Display and click on Outstanding Analysis.
Step 2: Now click on Amount receivable report and select the option for party for which you want to see Amount Receivable report.
Step 3: Now enter time period and can enable options as per your requirement in report and click on OK Option.
To Reconcile Bank entries you need to follow some steps:
Step 1: Go to Administratin and then click on Configuration.
Step 2: Now click on Feature and Option and then click on Accounts Option.
Step 3: Now tick on Back Reconciliation option and save the configuration.
Step 4: Now Go to the Display and then click on Bank Reconciliation report
Step 5: Now click on Show Uncleared entries report and select Bank account the time period and click on OK Option.
Step 6: Now click F4 to clear entries and check Reconciliation Statement report in bank reconciliation report.
What steps are required when receiving a payment over the counter from a walkin customer
In BUSY, you can record customer payments and adjust them against specific bills using the following steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
How do I adjust multiple invoices in BUSY when a payment is received
In BUSY, you can record customer payments and adjust them against specific bills using the following steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
How do I record an accounts receivable payment against an invoice in BUSY
In BUSY, you can record customer payments and adjust them against specific bills using the following steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
How do I record an advance payment from a customer in BUSY
In BUSY,: To record an advance payment from a customer in BUSY, you can follow these steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
How do I adjust or link bills to payments in BUSY
In BUSY, you can record customer payments and adjust them against specific bills using the following steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
How do I record a payment from a customer in BUSY
In BUSY, you can record customer payments and adjust them against specific bills using the following steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
How do I enter a receiptpayment against a bill in BUSY
In BUSY, you can record customer payments and adjust them against specific bills using the following steps:
Step 1 :Launch the BUSY and log in to your account.
Step 2 :locate and select the Receipt Voucheror Receipt Entryoption.
Step 3 :Fill in Receipt Details:
In the Receipt Entry form, you need to provide the following information:
Party Name,Receipt Date,Amount,Mode of Payment: Choose the mode of payment (e.g., Cash,Bank Transfer,Cheque,etc.).
Narration.
Step 4 :Within the customer's ledger, you will see a list of outstanding bills or invoices. Identify the bill(s) you want to adjust the payment against.You can adjust invoice referance one by one in same entry.
Step 5 : create a payment entry or adjust against an invoice.
Step 6 :After filling in the payment details and adjusting the payment against the bill(s), save the payment entry.
Step 7 :After saving, you can review the customer's ledger to ensure that the payment has been adjusted against the selected bills.
