Frequently Asked Questions

here are the steps:
 Step 1: First, go back to the financial year for which you want to update the old bills
 Step 2: Go to Transaction menu . Open and Modify Invoices
 STep 3: Save the Changes
 Step 4: Carry Forward to Current Year
 Step 5; Now, to make sure these changes are reflected in the current financial year, use the Change FY (Change Financial Year) option.

here are the steps:
 Step 1: First, go back to the financial year for which you want to update the old bills
 Step 2: Go to Transaction menu . Open and Modify Invoices
 STep 3: Save the Changes
 Step 4: Carry Forward to Current Year
 Step 5; Now, to make sure these changes are reflected in the current financial year, use the Change FY (Change Financial Year) option.

To change the financial year and master in the software, please follow the below setps: 
1: After login the company then change financial year through F11 and select previous financial year
2: Go to administration menu and click on change FY option
3: Click on new or Latest FY and then click on new and change master option and then proceed.
Make sure you have the latest backup of a company.

To update the balances in the next financial year if an entry is added in the previous 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 New and changed masters then Click on start tab and complete the process.

To ensure that there are no closing balance mismatches when creating a new financial year in BUSY, you can check reports such as the Balance Sheet, Closing Trial Balance report, Profit and Loss statement, etc. After reviewing these reports, you can create a new financial year in the company. The closing balances from the previous year will automatically update as the opening balances for the next financial year.

here are the steps:
 Step 1: First, go back to the financial year for which you want to update the old bills
 Step 2: Go to Transaction menu . Open and Modify Invoices
 STep 3: Save the Changes
 Step 4: Carry Forward to Current Year
 Step 5; Now, to make sure these changes are reflected in the current financial year, use the Change FY (Change Financial Year) option.

To update to the new financial year in BUSY you need to follow the steps 
 Step1 Go to administration menu and click on change Financial year option 
 Step2 select the new Financial year from option and OK
 Step3 If you dont want to carry your previous closing balance to new year then check on 
 create new year only option 
 Step4 Click on start button

Before making any changes in opening balances of masters we must make sure of given conditions
 Condition 1 The financial year in company should be beginning if there are multiple financial years in comapny
 Condition 2 Or company should be of single financial year
 Condition 3 If any previous year exist in comapny then target or current financial can be splitted from existing compamy for changing opening balances

If you want to change the item name in last or previous finanical year, you need to follow these steps :
Step 1: Go to administration then change financial year and switch to last or previous financial year.
Step 2: Select administration then masters click on account select modify mode
Step 3: Change then item name and click on save buttton.
Step 4: Now can you switch to current financial year.

To check the 2023-24 year data in BUSY, please follow below steps : 
Step 1: Go to Administration menu.
Step 2: Select Change financial year 
Step 3 : Select particular year which you want to view. 
Step 4 : click on the okay and view the data. 
Note : In the BUSY if you have a single Fy then only you can view the last year data .