Frequently Asked
Questions

Q: I want to change my financial year in BUSY. What is the procedure?

For change finnancial year in BUSY please follow these steps: 1. Take backup of Data then open company 2. Go in Administration then change finnancial year 3. Then click on New year from example 01-04-2024 4. click ok on create new yar window 5. Then click on start all balances carried forward in next year automatic 6. If you want dont carry balances then click create new year only

Q: How to change the financial year in BUSY ?

To change the financial year in BUSY, you can follow the given steps : Step 1. Go to Administration Step 2. Then click on Change Finacial Year Step 3. Then click on New year from 01-04-XXXX appears Step 4. Now here you can carry balances to New finacial year. Youcan switch between finacial year by using shortcut key F11.

Q: I created some accounts and entered the vouchers in the last financial year. How can I carry forward in the current financial year?

To carry forward the accounts from the previous year to the current year then follow the below steps. Step 1: Click on Administration and sub menu change financial year Step 2: Then Select the Financial year Step 3: Then carry balances window will get open,you have to click on yes and carry forward the balances with the new and changed masters in the current financial year.

Q: What should I do if I face run time error 5 while carrying forward my balance in the next year?

If you face run time error 5 while carrying forward your balance in the next year then check following steps: Note: Please take latest backup of data Step1: Go to Housekeeping menu Step2: Then check incomplete vouchers and junk character if any then remove it Step3: Then run Reindex database and after completing the porcess can continue to carry forward balances in the next year

Q: How can i forward carry forward balance with all master while change financial year?

To carry forward balance with all master during change 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 option. Step 3: Select the current financial year then select yes for carry forward the balances. Step 4: Next, Click on all master then Click on start tab and complete the process.

Q: What is the process to add the new financial year for a created company?

To add one more financial you need to follow some steps: Step 1: Go to the Administration and then click on Change Financial year option. Step 2: Now select the Financial year that is your target and then click on yes option to give consent to create new Financial year. Step 3: Now you can select option as per your requirement and click on start option.

Q: Do I need to take a backup before splitting the financial years?

Yes, it is recommended to take a backup before splitting the financial years in BUSY by follow these steps: Step 1: Open BUSY then click on company menu. Step 2: Choose the backup data option then select required company Step 3: Mention the company admin username and password and click on ok tab Step 4: Specify the path for backup and click on ok to take backup.

Q: Can balance be brought forward manually into the next financial year?

Yes, previous year closing balance will be forwarded manually to next 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. 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.

Q: Can I split the financial year after the final balance sheet?

Yes, you can split the financial year after the final balance sheet in BUSY. To split financial year in BUSY, follow these steps: Step 1: Take the latest backup of your data. Step 2: Open BUSY then click on split financial year option. Step 3: Select the required company and specify the admin login credentials. Step 4: Select Financial year for splitting and click on split option.

Q: How can i change previous financial year to current financial year?

You can change previous financial year to current financial by following below steps: Step1: Go to Administration menu and click on Change financial year option Step2: Now click on next financial year option and then press yes and select new and change option Step3: Then press on start option and after completing the process a confirmation message will appear on the screen then press ok.

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I want to change my financial year in BUSY. What is the procedure?

For change finnancial year in BUSY please follow these steps:
1. Take backup of Data then open company
2. Go in Administration then change finnancial year
3. Then click on New year from example 01-04-2024
4. click ok on create new yar window
5. Then click on start all balances carried forward in next year automatic
6. If you want dont carry balances then click create new year only

How to change the financial year in BUSY ?

To change the financial year in BUSY, you can follow the given steps : 
 Step 1. Go to Administration 
 Step 2. Then click on Change Finacial Year 
 Step 3. Then click on New year from 01-04-XXXX appears 
 Step 4. Now here you can carry balances to New finacial year. 
 Youcan switch between finacial year by using shortcut key F11.

I created some accounts and entered the vouchers in the last financial year. How can I carry forward in the current financial year?

To carry forward the accounts from the previous year to the current year then follow the below steps.
Step 1: Click on Administration and sub menu change financial year
Step 2: Then Select the Financial year
Step 3: Then carry balances window will get open,you have to click on yes and carry forward the balances with the new and changed masters in the current financial year.

What should I do if I face run time error 5 while carrying forward my balance in the next year?

If you face run time error 5 while carrying forward your balance in the next year then check following steps:
Note: Please take latest backup of data
Step1: Go to Housekeeping menu 
Step2: Then check incomplete vouchers and junk character if any then remove it 
Step3: Then run Reindex database and after completing the porcess can continue to carry forward balances in the next year

How can i forward carry forward balance with all master while change financial year?

To carry forward balance with all master during change 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 option.
Step 3: Select the current financial year then select yes for carry forward the balances.
Step 4: Next, Click on all master then Click on start tab and complete the process.

What is the process to add the new financial year for a created company?

To add one more financial you need to follow some steps:
Step 1: Go to the Administration and then click on Change Financial year option.
Step 2: Now select the Financial year that is your target and then click on yes option to give consent to create new Financial year.
Step 3: Now you can select option as per your requirement and click on start option.

Do I need to take a backup before splitting the financial years?

Yes, it is recommended to take a backup before splitting the financial years in BUSY by follow these steps:
Step 1: Open BUSY then click on company menu.
Step 2: Choose the backup data option then select required company
Step 3: Mention the company admin username and password and click on ok tab
Step 4: Specify the path for backup and click on ok to take backup.

Can balance be brought forward manually into the next financial year?

Yes, previous year closing balance will be forwarded manually to next 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.
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.

Can I split the financial year after the final balance sheet?

Yes, you can split the financial year after the final balance sheet in BUSY. To split financial year in BUSY, follow these steps:
Step 1: Take the latest backup of your data.
Step 2: Open BUSY then click on split financial year option.
Step 3: Select the required company and specify the admin login credentials.
Step 4: Select Financial year for splitting and click on split option.

How can i change previous financial year to current financial year?

You can change previous financial year to current financial by following below steps:
Step1: Go to Administration menu and click on Change financial year option
Step2: Now click on next financial year option and then press yes and select new and change option 
Step3: Then press on start option and after completing the process a confirmation message will appear on the screen then press ok.

Frequently AskedQuestions