Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - master configuration
I made an entry in the liability section but it is not reflecting correctly in my reports. What should I check?
To ensure that your liability entry is reflecting correctly in reports, you should check if all the vouchers have been included and if the entry has been saved properly. you need to make ensure Account Group Under Current Liabilities selected or not. if not you need to change account group.
What is the process for adjusting the accounting head under which a particular charge or income stream is showing up?
To adjust the accounting head under which a particular charge or income stream is showing up, you need to create a new head and tag the amount of that item in the account. Then, you can select the appropriate category, such as income or expenses, and adjust the entry accordingly.
I created a separate TCS account but it doesn't seem to be working properly. What am I missing?
There are some possible issues,please follow steps:
Step 1: Check the TCS Bill sundry configuration
Step 2 : Check TCS Account master tag under duties and taxes account group
Step 3 : This master should be tag into TCS bill sundry
Step 4: Verify the voucher entry and TCs collection details window
How can I ensure that the stock is not visible on a bill in BUSY Accounting Software?
To ensure that the stock is not visible on a bill in BUSY please follow below steps:
Step 1: Go to administration and then click on masters.
Step 2: Select items and click on add button.
Step 3: Now add item with service name and do not maintain stock balance set as Y.
My HSN code is showing as service but I am selling goods. How do I correct this?
You need to correct the HSN code to the one that corresponds to goods instead of service. The HSN code for goods starts with 7, 6, 8, or 5, while the HSN code for service starts with double 9. Once you update the HSN code, the error will be resolved.
What are the best practices for reorganizing complex groups and sub-groups based on standard practices in BUSY?
Here are simple steps for reorganizing complex groups and sub-groups in BUSYbased on standard practices:
Step 1 :Before making any changes, create a backup of data. Step 2: set up new groups and sub-groups based on your requirement.
Step 3; Move your existing accounts to the new groups and sub-groups.
Do I need to update the party master to show the changed GST number on the portal?
Yes, you need to update the party master to show the changed GST number on the portal in BUSY . Follow the steps below:
Step 1: Go to administration
Step 2: Select master then accounts option
Step 3: Click on modify then mention party name
Step 4: Now update GST number then save
Why am I unable to modify the unit of measurement for an existing item in BUSY?
To modify the unit of measurement for an existing item in BUSY , you have to delete all transaction in which that particular item has been used, as if the master has been used in data so you can not modify it.
Note: Kindly take backup before doing any changes.
How do I add a new product to my stock list in BUSY Accounting Software?
To add a new product to your stock list in BUSY, you need to follow these steps:
Step 1: Open your company then click on Administration tab.
Step 2: Click on Masters and select Item.
Step 3: Click on Add and enter all necessary details such as Name, Group, Unit, etc then save.
What is the percentage for 12 cess and how does it apply to my item?
To apply a cess 12% in the Item, please follow below steps:
Step 1: Go to administration menu and then select masters tab
Step 2: And then select tax category and apply cess tax rate in the master and save it.
Step 3: And same tax category apply it on the item master.