Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - change fy
When should I update the opening of any account or head?
You should update the opening of any account or head at the beginning of a financial year.
If my previous year closing balance is not carry forward in current year for one account what is the reason.
If account group is expense or Income then in case balance not carry forward in next year.
Do I need to show the bank name in BUSY after doing new and change master
No, not required to show the bank name after carry forward the balcances through new and change
Can I split the data from mid date of a financial year in BUSY?
There is no provision to split the data from mid date of a financial year in BUSY.
Is it necessary to remove previous financial years from the database?
It is not necessary to remove previous financial years from the database in BUSY Accounting software.
How many financial yaer i can create in a particular company in BUSY?
There is no limit to create multiple financial year in a particular company in BUSY
Where can i find the date when i split my financial year?
In BUSY, there is no provision to check the date for spliting the financial year.
What is the function key to change or switch financial year?
To change or switch financial year in a company you can press F11 function key.
Is it possible to change the financial year in the Existing company in BUSY?
Yes, It is possible to change the financial year in the Existing company in BUSY.
Does BUSY Accounting Software create a new Company Code after splitting the financial year?
Yes, BUSY Accounting Software creates a new company code after splitting the financial year.