Frequently Asked
Questions

Q: How can I change financial year in company?

To change financial year in company, follow the below steps: Step 1: Go to administration menu then click on last option of change financial year. Step 2: Then select the financial year in which you want to change it and select yes if you want to carry forward the balances. Step 3: Click on start button to start the process and check after complete it.

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: My entries of the previous year are not reflecting in the current year. What could be the reason for this and how can I fix it in BUSY?

When you create new financial year in BUSY, then entries will not carry forward to the next year.Only the masters closing balances will be carry forward to the next yeat but if you want to see the entries of the last year in the current financial year then you need to open the ledger by entering the date from the last year.

Q: What should I do if the issue persists even after updating master balances and carrying forward to the next year in BUSY Accounting Software?

If the issue persists even after updating master balances and carrying forward to the next year in BUSY,please follow below steps: Step 1: Take backup and re index database last year . Step 2: Check the last year balance sheet is properly match in the last year Step 3 : if not check the data entries with specific date range changes

Q: What should I do when new financial year is created but balances are not carried forward in BUSY

If your last financial year closing balances not carried forward to current financial then can follow these steps: Make sure to take backup of your data before make any changes. Step 1: Go to last financial year and run Update Master Balances from the House-keeping menu. Step 2: Change F.Y. again with ALL Masters from the Administration menu and check if the balances are correct.

Q: I want to transfer my company data from last year to this year. How do I do that?

If you want to transfer the last year data into current year then follow the steps. Step 1: Go to the Administration menu then click on Change Financial year option . Step 2: Then click on new year from option and press ok button to proceed the data transfer. Step 3: Then click on start button to carry the last year data into current year.

Q: Is there an option to delete data from previous years? How do I go about deleting it?

If need to delete data in previous financial year in BUSY, please follow these steps : Step 1 : Close company Step 2 : Go to backup data option and take backup of your data Step 3 : Then click on delete company and single F.Y Step 4 : Select company put super user and password Step 5 : And delete single financial year data as needed.

Find Solutions to Common Issues Related to configurations - change fy

Taxation (GST/VAT/TDS/TCS/RCM)

Export/Import/Data Conversion

Errors (RTE/Ransome), Feedbacks and Bugs

Barcode, QR Code and Lable Printing

License Management/Softlock/Hardlock

Enquiry/Upgrade/Visit/Renewal

UMS Related Issue (Dealer Query)

Software Features

Implementation

Dealer Complaint/Issues

Enquiry/Upgrade/Visit/Renewal

Dealer Complaint/Issues

How can I change financial year in company?

To change financial year in company, follow the below steps:
Step 1: Go to administration menu then click on last option of change financial year. 
Step 2: Then select the financial year in which you want to change it and select yes if you want to carry forward the balances.
Step 3: Click on start button to start the process and check after complete it.

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.

My entries of the previous year are not reflecting in the current year. What could be the reason for this and how can I fix it in BUSY?

When you create new financial year in BUSY, then entries will not carry forward to the next year.Only the masters closing balances will be carry forward to the next yeat but if you want to see the entries of the last year in the current financial year then you need to open the ledger by entering the date from the last year.

What should I do if the issue persists even after updating master balances and carrying forward to the next year in BUSY Accounting Software?

If the issue persists even after updating master balances and carrying forward to the next year in BUSY,please follow below steps: 
Step 1: Take backup and re index database last year . 
Step 2:  Check the last year balance sheet is properly match in the last year 
Step 3 : if not check the data entries with specific date range changes

What should I do when new financial year is created but balances are not carried forward in BUSY

If your last financial year closing balances not carried forward to current financial then can follow these steps:
Make sure to take backup of your data before make any changes.
Step 1: Go to last financial year and run Update Master Balances from the House-keeping menu.
Step 2: Change F.Y. again with ALL Masters from the Administration menu and check if the balances are correct.

I want to transfer my company data from last year to this year. How do I do that?

If you want to transfer the last year data into current year then follow the steps.
Step 1: Go to the Administration menu then click on Change Financial year option .
Step 2: Then click on new year from option and press ok button to proceed the data transfer.
Step 3: Then click on start button to carry the last year data into current year.

Is there an option to delete data from previous years? How do I go about deleting it?

If need to delete data in previous financial year in BUSY, please follow these steps :
Step 1 : Close company
Step 2 : Go to backup data option and take backup of your data
Step 3 : Then click on delete company and single F.Y
Step 4 : Select company put super user and password
Step 5 : And delete single financial year data as needed.

Frequently AskedQuestions