Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - change fy
My past transactions are not showing up. How can I view historical transaction data?
If you want to check previous data then you need to go back to previous financial year. Further you can check account ledger with previous financial date.
Will changing the financial year affect the balances of items in the current year?
If you had made changes in items and change financial year with carry forward balances then it will affect the balance of items in the current year.
Is it possible to maintain data for multiple years in one account?
Yes, it is possible to maintain data for multiple years in one company by creating new financial year in existing company instead of create a seperate company.
Should I start a new company for next financial year in BUSY?
If you have existing data, you can create a financial year within the existing company or create a new company for the next financial year as required.
How can I view particular financial year on BUSY Accounting Software?
To view particular financial year in BUSY, you need to change financial year from the administration menu or press F11 shortucut key to switch the financial year.
Why are there many accounts showing in the New and Change Master?
If many accounts showing at change financial year process with new and change master, it means that these accounts balances are pending to be carried forward.
Can you explain the process of switching the financial year using shortcuts?
You can switch the financial year by using the F11 key, from last year to the current year or from the current year to last year.
How can I change the details of my company on UMS?
To change the details of your company on UMS in BUSY Accounting software, you need to send a email with a letterhead to us on support@busy.in.
How to see the previous year in a company?
You can see your previous financial year by pressing the shortcut key of F11. It will work only when the previous financial year is already created.
How do I switch financial years in BUSY?
To switch financial years in BUSY, go to the administration menu and select the change financial year option or press F11 key to switch financial year.