Frequently Asked
Questions

Find Solutions to Common Issues Related to configurations - change fy

FAQs

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.

How long does it take to divide my company in BUSY? Can I get help from an agent?

You can easily split your company data by financial year in BUSY. However, it is advisable to take a backup of your data before spliting.

Do I need to tick the Dont Carry Item Balances option while carry forwarding the balances?

If you don't want to carry item balances to the next financial year then tick on the given option otherwise leave it as it is.

While click on open company tab in company menu showing error message in SQL database.

If you are using SQL and while you click on open company showing error message, you may restart services in ssms or sql configure manager.

How does BUSY handle previous years invoices and data? Does it store all the history?

BUSY allows users to maintain previous years' invoices and data. It stores all the history, allowing users to access and reference past transactions and records.

How do I mention opening balance in the middle financial year in BUSY?

There is no option to mention opening balance in the middle financial year because prevoius year closing balance should the opening of the current year.