Frequently Asked Questions

Yes, If you had made changes in previous financial year it will reflect in current financial year, by using these steps :
Step 1: After making changes in previous financial year you need to go to administration menu.
Step 2: Select change financial year option and choose the next financial year for change and select yes for carry balances.
Step 3: Select new and changed masters option and click on start button to start the process.

To carry forward a balance in BUSY, you can follow these steps:
Step 1. Open the company in BUSY.
Step 2. Go to the "Administrationmenu and select "Change Finacial Year"
Step 3. Select the financial year for which you want to carry forward the balance.
Step 4. Click on the "Carry Forwardbutton.
Step 5. A confirmation message will appear. Click "Yesto proceed.
Step 6. The balances from the previous year will be carried forward to the new financial year.

To update and forward balnace in BUSY, please follow below steps:
Step 1: Go to Administration menu and then select Housekeeping Menu . 
Step 2: Then Select Update master balance and click on the start button.
Step 3: After completion of this process, go to administration menu and then click on the change financial year option. 
Step 4; and select next financial year and start the process of carry forward balnaces to next financial year.

To create new financial year in BUSY, please follow these steps :
Step 1: Go to administration menu then click on create new financial year 
Step 2: Then click on New year from and click on ok button to create new year.
Step 3: Click on start button. 
Step 4: After completing it you will get an pop-up of financial year changed successfully and click on ok button to auto switch in the new year.

In BUSY, when you create new financial year then all accounts will transfer from previous year to next year automatically. To know how to create new financial year follow the below steps:
Step 1: Go to administration menu then click on last option of change financial year. 
Step 2: Then click on new year from and press ok to create.
Step 3: Click on start button to start the process and check after complete it.

Please follow the following steps for carry forward of closing balance from last year as opening balance for next year:
Step 1: After finalization of Balance Sheet in relevant previous year go to Administration tab.
Step 2: At the bottom of the administration menu select the Change Financial year
Step 3: A dialogue box appear Carry Balance All Masters, New and change master. Select All master process will start updating balance in next financial year

No, the previous year closing balance will not forward automatically in next year. You need to carry forward the balance manually by 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 new and change master then Click on start tab and complete the process.

Please follow the following steps for carry forward of closing balance from last year as opening balance for next year:
Step 1: After finalization of Balance Sheet in relevant previous year go to Administration tab.
Step 2: Then last option of that tab change financial year. Select relevant year
Step 3: A dialogue box appear Carry Balance All Masters, New and change master. Select All master process will start updating balance in next financial year

No, when creating a new company in BUSY, there is no feature for moving selected customers to new entities. However, you can move all types of masters from one company to another company.
Alternatively, you can move selected master groups using a feature called "XML Import." utility. Here are the steps to follow:
Step 1: Administration 
Step 2: Data Export/Import(XML)
Step 3: Export data 
Step 4: Generate the XML file
Step 5: Import in another company

To separate the data for the financial year  22-23 Follow the steps given below:
Step 1 : Open BUSY and go to the company menu.
Step 2 : Press enter on Split Financial Year 
Step 3 : Select the Company
Step 4 : Select the First or Last Financial Year 
Step 5 : Click on Split option 
Step 6 : Go to Open Company and check the Financial Year is splitted from the company