Frequently Asked Questions

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

Please follow the below steps to split the company:
Step 1:  Take Backup of all financial year before splitting process. 
Step 2 : Open BUSY 
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 

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

Yes, you can forward balance from previous to next financial year 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 option.
Step 3: Select the current financial year option then select yes for carry forward the balances.
Step 4: Select either all masters or new and changed masters option as required.
Step 5: Click on start tab and complete the process.

Please follow the below steps to split the company:
Step 1:  Take Backup of all financial year before splitting process. 
Step 2 : Open BUSY 
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 

Please follow the below steps to split the company:
Step 1:  Take Backup of all Financial Year before splitting process. 
Step 2 : Open BUSY 
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 

Yes, it is necessary to take a backup before updating to a new financial year in BUSY 
 Step1: After taking the backup, the process of updating master balances in housekeeping should be run. 
 Step2: Then, the financial year can be changed in the 
 Step3: Go to administration section 
 Step4: select financial year change 
 Step5: click on New Year from, select balances can be carried forward and run

You can create successive and next finanacial year in BUSY and here are the steps :
Step 1: Go to Administration menu 
Step 2: Click on change Financial year option 
Step 3: Then click on New Year from ( date ) 
Step 4: Then click on on OK button 
Step 5: Then click on Start button 
Step 6: Then a confirmation message will appear on the screen and click on OK button 

Please follow the below steps to split the company:
Step 1:  Take Backup of all financial year before splitting process. 
Step 2 : Open BUSY 
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 enter financial data for the new financial year 2021-2022 in BUSY, you can follow the below steps: 
 1. Go to Administration and click change Financial Year. 
 2. Select Financial year 2021-22 or if not created then have to create a financial year first. 
 3. After the switch the financial year can enter the data in 2021-2022. 
 Note: Take the latest backup of data before any process.