Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - change fy
Can I connect my stock to the e-commerce website automatically?
Yes, BUSY Accounting software allows you to connect your stock to the e-commerce website automatically. You can use the BUSY API to integrate your e-commerce website with the BUSY software and automate the stock updates.
I created a new group in BUSY but it doesn't seem to be showing up in the next Year. What do I need to do to get new groups to populate properly across years.
In BUSY if you want to carry forward balances properly to next financial year you can follow given steps:
Step: 1 Go to administration.
Step: 2 Change financial year.
Step: 3 Carry forward balance with all master.
The carry forward issue is happening for all my products in BUSY. It's not just isolated to one. How can I fix this efficiently across all products?
In BUSY if you want to carry forward balances properly to next financial year you can follow given steps:
Step: 1 Go to administration.
Step: 2 Change financial year.
Step: 3 Carry forward balance with all master.
I split my company this year. Why are my profit and loss statements showing a difference between years now? How can I adjust this in BUSY?
If you have splitted the company but showing difference in the profit and loss account then you need to check the last year trial balance closing balance with the current year opening trial balance.
Will the incorrect carry forward keep happening every year? Or is it just an issue when migrating data to BUSY for the first time?
In BUSY if you want to carry forward balances to the next financial year you can follow given steps:
Step: 1 Go to administration.
Step: 2 Change financial year.
Step: 3 Carray forward balance with all master.
How long does it take to complete the carry forward process? Can I still use the software while it is in progress?
No,you can not use same coming while carry forwarding process however, you can open second company in differnt window of BUSY. It is depend open your data size to complete the carry forward process.
What will happen if i do not carry forward balance to next year during change financial year?
If you do not carry forward balance during change financial year in BUSY then the updated balance of previous year will not carry forward to next year and opening balance will not update correctly.
How do I carry forward balances from the previous year to the current year in BUSY
When we change the financial year first time. Pls Follow the Below Steps :
Step 1: Administration
Step 2: Change Financial Year
Step 3: Click on Start
Note :- Do this process after Data Backup.
What happens if revenue accounts not carrying forward to the next financial year in BUSY?
As per the accounting rules the revenue accounts do not carry forward to the next financial year as they are part of profit and loss account and set off in the last financial year.
How can I switch from one financial year to another financial year in BUSY?
If you want to switch from one financial year to another financial year press shortcut key F11
Or go to administration menu and from change financial year option you can change your financial year