Frequently Asked Questions

Please follow the below steps to split the company:
Step 1:  Take Backup of all fy before splitting process. 
Step 2 : Open BUSY and go to company menu
Step 3 : Press Enter on Split Financial Year 
Step 4 : Select the Company
Step 5 : Select the First or Last Financial Year 
Step 6 : Click on Split option
Step 7 : Go to Open Company and check the Financial Year is splitted from the company 

To create a new financial year in BUSY, follow these steps:
Step 1: Take the latest backup of your data.
Step 2: Go to administration section then click on change financial year.
Step 3: Select new year then press yes to create new year.
Step 4: Click on start and let the process complete.
After creating a new financial year in BUSY, you can set the voucher numbering with prefix, suffix, and starting voucher number for the new year.

Yes, it is possible to add bills to the last year after the new year created in a company. To add bills to the last year after the new year created in a company, follow these steps:
Step 1: Go to administration section then click on change financial year.
Step 2: Select the required financial year then select yes to change financial year option.
Note: In BUSY, you can switch financial year by pressing F11 shortcut key.

If you want to close your books at the end of each period in BUSY, you can do the following steps:
Step 1: Go to Administration, then select Change Financial Year.
Step 2: then select the year in which you want to end the period in BUSY, i.e., the new financial year from 20XX.
Step 3: then click on the start option, then click Yes to carry forward the balance from last year to the current year.

To transfer debtors and creditors data to the next financial year in BUSY, you need to follow these steps:
Step 1: Open your company then go to administration menu.
Step 2: At botton select change financial year sub menu and click on new year from option.
Step 3: Click on start button to start the process and check after complete it. You new financial year will be created with carry forward all the debtors and creditors data.

To Carry Pending ITC option in BUSY allows you to carry forward any pending Input Tax Credit (ITC) from the previous financial year to the next financial year. To carry pending ITC to next financial  year, follow these steps:
Step 1: Take the latest backup of your data.
Step 2: Go to administration section then click on change financial year
Step 3: Click on carry pending itc entries to next financial year then click on start.

To carry forward the stock to next financial year, follow these steps:
Step 1: Take the latest backup of your data.
Step 2: Go to administration section then click on change financial year.
Step 3: Select the required financial year then click on yes to carry balances.
Step 4: Choose all master then untick on do not carry item balances and select all for item master to carried .
Step 5: Click on start tab and complete the process.

To close and open the software in my client and server systems,please follow below steps: 
Step 1: Click on the Desktop BUSY icon and open it. 
Step 2: Select open company and login with username and password . 
Step 3: If you want to close the company go to company menu. 
Step 4: Click on close company . 
Step 5: and if you want to exit the software click on the Exit option . 

If input credit balance not carry forward in next year then please follow these steps: 
 1. Take backup of data 
 2. Then Go in previous year then Go in administration 
 3. Then Go in change financial year 
 4. click on carry pending itc if use monthly itc tagging option 
 5. click on current year then carry forward balances yes 
 6. Then click on New & change master

To ensure that correct financial year are splitted and correct financial year is deleted, you can check the company list with financial years details and cross check the company years by follow these steps:
Step 1: Open BUSY then click on company menu
Step 2: Select the open company option then tick on show financial year option available at bottom right side of company screen.
Step 3: You will see the company name with financial year.