Frequently Asked
Questions

Q: How do I remove an opening balance of master which appear in red color?

If you want to remove an opening balance of master which appear in red color in BUSY, you will need to split the financial year because the opening balance appears in red colour due to existance of previous financial year and you can only change opening balance of account in beginning financial year.

Q: What is the difference between account master and item master in BUSY Accounting Software?

The Account Master focuses on financial accounts for tracking money related transactions, the Item Master is dedicated to managing inventory items for monitoring stock movements and facilitating accurate recording of sales and purchases. Both modules play crucial roles in BUSY Accounting Software, enabling users to effectively manage their financial and inventory related operations.

Q: How to set up taxes for items when using multirate for item-wise taxes?

To set up taxes for items when using multirate for item-wise taxes in BUSY Accounting software, you can follow these steps: Step 1: Go to administration then Masters select Item then modify Step 2: Select the item for which you want to set up taxes Step 3: Select tax category applicable to the item then save

Q: How can I modify the item group within the item master in BUSY?

To modify the item group within the item master in BUSY, follow these steps: Step 1: Go to Administration menu section then click on master menu Step 2: Choose Item then click on Modify. Step 3: Select the required Item then press alt+m on selected item group and modify as per need and then save it.

Q: Can I manually create the items and their quantity in the BUSY?

Yes, you can manually create the items and their quantity in BUSY by follow these steps: Step 1: Go to administration section then click on master menu. Step 2: Choose item option then click on add. Step 3: Now, specify the item name, item group, hsn code, unit etc in item master and save the master.

Q: How can i change the HSN code in Item master in BUSY?

To update the HSN/SAC code in an item in BUSY, follow these steps: Step 1: Go to administration section then click masters menu Step 2: Choose the item option then click on modify option Step 3: After access the item master in modify mode, update the HSN code in its field and save the item master.

Q: Do I need to create a separate account for a new party?

Yes, you should create a separate account for a new party in BUSY. To do this follow the below steps: Step 1: Go to administration menu then select masters option. Step 2: Select account option then click on add and after opening it enter the necessary details such as name, group, address, etc then save.

Q: What is the recommended length for a when adding a new item?

Here are some steps to add a product to your Masters in Administration in BUSY ,the length of Item Master is 40 Characters: Step 1: Go to Administration. Step 2: Click on Masters. Step 3: Choose Item. Step 4: Select Add. Step 5: Fill in the details:Item Name,Item Code/Alias,Category,Unit,Tax Details,Pricing, Group etc. Step 6 : Save the Master

Q: How to change or update party details in the BUSY software?

To change or update party details in the BUSY software, you can go to the party master section and select the party you want to update. Then, you can edit the necessary fields such as name, address, contact details, GST number, etc. Once you have made the changes, save the updated party details.

Q: Where to enter HSN codes for GST invoices in BUSY?

You can enter the HSN codes for GST invoice in the item master when you create it or later on. If you are creating a voucher without item, such as journal, credit/debit note w/o, then you can enter the HSN/SAC code in the GST window that appears when you save the vouchers.

Find Solutions to Common Issues Related to configurations - master configuration

Taxation (GST/VAT/TDS/TCS/RCM)

Export/Import/Data Conversion

Errors (RTE/Ransome), Feedbacks and Bugs

Barcode, QR Code and Lable Printing

License Management/Softlock/Hardlock

Enquiry/Upgrade/Visit/Renewal

UMS Related Issue (Dealer Query)

Software Features

Implementation

Dealer Complaint/Issues

Enquiry/Upgrade/Visit/Renewal

Dealer Complaint/Issues

How do I remove an opening balance of master which appear in red color?

If you want to remove an opening balance of master which appear in red color in BUSY, you will need to split the financial year because the opening balance appears in red colour due to existance of previous financial year and you can only change opening balance of account in beginning financial year.

What is the difference between account master and item master in BUSY Accounting Software?

The Account Master focuses on financial accounts for tracking money related transactions, the Item Master is dedicated to managing inventory items for monitoring stock movements and facilitating accurate recording of sales and purchases. Both modules play crucial roles in BUSY Accounting Software, enabling users to effectively manage their financial and inventory related operations.

How to set up taxes for items when using multirate for item-wise taxes?

To set up taxes for items when using multirate for item-wise taxes in BUSY Accounting software, you can follow these steps:
Step 1: Go to administration then Masters select Item then modify
Step 2: Select the item for which you want to set up taxes
Step 3: Select tax category applicable to the item then save

How can I modify the item group within the item master in BUSY?

To modify the item group within the item master in BUSY, follow these steps:
Step 1: Go to Administration menu section then click on master menu
Step 2: Choose Item then click on Modify.
Step 3: Select the required Item then press alt+m on selected item group and modify as per need and then save it.

Can I manually create the items and their quantity in the BUSY?

Yes, you can manually create the items and their quantity in BUSY by follow these steps:
Step 1: Go to administration section then click on master menu.
Step 2: Choose item option then click on add.
Step 3: Now, specify the item name, item group, hsn code, unit etc in item master and save the master.

How can i change the HSN code in Item master in BUSY?

To update the HSN/SAC code in an item in BUSY, follow these steps:
Step 1: Go to administration section then click masters menu
Step 2: Choose the item option then click on modify option
Step 3: After access the item master in modify mode, update the HSN code in its field and save the item master.

Do I need to create a separate account for a new party?

Yes, you should create a separate account for a new party in BUSY. To do this follow the below steps:
Step 1: Go to administration menu then select masters option.
Step 2: Select account option then click on add and after opening it enter the necessary details such as name, group, address, etc then save.

What is the recommended length for a when adding a new item?

Here are some steps to add a product to your Masters in Administration in BUSY ,the length of Item Master is 40 Characters: 
Step 1: Go to Administration.
Step 2: Click on Masters.
Step 3: Choose Item.
Step 4: Select Add.
Step 5: Fill in the details:Item Name,Item Code/Alias,Category,Unit,Tax Details,Pricing, Group etc.
Step 6 : Save the Master

How to change or update party details in the BUSY software?

To change or update party details in the BUSY software, you can go to the party master section and select the party you want to update. Then, you can edit the necessary fields such as name, address, contact details, GST number, etc. Once you have made the changes, save the updated party details.

Where to enter HSN codes for GST invoices in BUSY?

You can enter the HSN codes for GST invoice in the item master when you create it or later on. 
 If you are creating a voucher without item, such as journal, credit/debit note w/o, then you can enter the HSN/SAC code in the GST window that appears when you save the vouchers.

Frequently AskedQuestions