Frequently Asked Questions

If you split the financial year from merge company then you will able to change the opening balance of account master and in merge financial year, the closing balance of previous year will update as opening in next financial year.

If in company multiple year data then you can't import opening balance.
for upload previous year data you can upload through excel and do config in BUSY according to excel and for this you can refer our document and video

If you are required to carry forward balance from previous year to current year then only you need to tick on carry forward option while changing financial year. Otherwise, you can simply switch the financial year without carry balances.

Transactions from the previous year might continue to be visible in this year's reports for a variety of reasons. Potential explanations could include delays in processing or reconciling transactions, accounting adjustments or corrections, or the carry-forward of pending references.

Yes, It is recommended to make changes with New and Change instead of All Masters because if you are having large data size then it may take too much time to change financial year with All masters in BUSY.

You can disable the bill by bill feature from the below steps.
Step 1: Click on Administration and sub menu Configurations
Step 2: Then Features and Options and click on account tab, Untick the bill by bill option and save it.

Want to know about change Financial Yearthen follow these steps 
1. go to the change Financial Yearoption under administration menu
2. select relevant Financial Yearfrom list and switch it 
3. also we have shortcut key for switch Financial Yearif F11.

In BUSY, you can enter opening balance of an item in beginning financial year only. If you are required to change the opening in merge financial year then you can do so after split the company financial year.

If you have made changes in last year but not reflecting in the current year, then you need to go last year and change the financial year again with New &  Changed Master from the Administration menu.

In Next Year, Invoices not get carry forward from last Year. Only Balance of Account and Item Master get carry forward in the next financial Year.But we can check ledger from any year by mention the Date Range.