Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - change fy
Is it possible to edit a past supplier entry or do I need to delete and re-enter it?
Yes, you can edit a past supplier entry in BUSY by using these steps:
Step 1: Press ALT+L then enter the supplier name and open that account ledger.
Step 2: Identify that entry then enter on it to open and make the required changes.
Step 3: Resave again to apply the changes.
Can you explain the meaning of All Masters when changing financial year?
In BUSY, 'All Masters' refers to the option to carry forward all the data from the previous financial year to the new financial year, including party masters, item masters, and ledger masters. It is used when changing financial year to ensure that all the necessary data is carried forward.
What should I do if the financial year is displaying incorrect?
If the financial year is displaying incorrect in BUSY, please follow these steps :
Step 1 : On BUSY home screen press F11 key it will switch to previous financial year
OR
Step 1 : Click on administration
Step 2 : Go to change fianancial year
Step 3 : Switch to correct financial year
How can i switch to previous financial year In BUSY?
You can switch to previous financial year in BUSY by following below steps:
Step 1: Open company and go to Administration menu
Step 2: Then select change financial year option and select specific financial year in which you want to switch
Step 3: After that select ok to switch financial year.
Why is the financial year showing incorrectly in the software?
If the financial year showing incorrectly in BUSY data, follow the steps:
Step 1: Go to administration section then click on change financial year.
Step 2: Select the required financial year then select yes to change financial year option.
Note- In BUSY, you can switch financial year by pressing F11 shortcut key.
How can I split the financial year 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 financial year in BUSY?
To change financial year in BUSY, please follow these steps :
Step 1: Go to administration menu then click on change financial year
Step 2: Then select the financial year in which you want to switch then proceed.
Step 3: You can press F11 function key to switch the financial year.
I am getting an error message when trying to do carry forward It says master does not exist in next year What should I do
To resolve the error message master does not exist in next yearwhen trying to carry forward, you need to create the master using the change financial yearoption and move and change the master before carrying uncleared entries. This will ensure that the master exists in the next year.
How do I select the years for which I want to see the data, specifically for 22-23 and 23-24?
If want to see last financial year data, please follow these steps :
Step 1 : On BUSY home screen press F11 key it will switch to previous financial year
OR
Step 1 : Click on administration
Step 2 : Go to change fianancial year
Step 3 : Switch to previous financial year
how to close out books for the previous financial year in BUSY. Reconcile and finalize past yearly data ?
To close out books for the previous financial year in BUSY, you need to follow the year closing process :
Step 1 : This involves reconciling and finalizing the past yearly data.
Step 2 : Make sure to review and reconcile all transactions, balances, and reports before finalizing the year.