Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - master configuration
How can i configure the item tax rate on the basis of price in BUSY?
To configure the item tax rate on the basis of price in BUSY, follow the below steps:
Step 1: Go to administration section then click on master menu.
Step 2: Choose tax category then select add tab.
Step 3: Specify the tax category name, tax rate, type then enable change tax rate on the basis of price field and select the basic of price.
Step 4: Now, Update the tax rate for specified condition and save the master.
Step 5: Afterward, Go to administration section then click on item and select add or modify as per need.
Step 6: Update the newly created tax category in item and save it.
What is the difference between a sale quotation and an invoice in terms of accounting?
Please find the below difference in Sale Quotation and Invoice:
Sale Quotation : A sales quotation or business sale quote is a document that allows a potential buyer/customer to view the cost involved in purchasing specific services or products. It is generally used by suppliers or resellers to begin a business transaction. No accounting or inventory has been affected by this.
Sale Invoice : A sales invoice is an accounting document that businesses issue to customers and clients to record sales transactions and request payment. Sales invoices outline the goods and services provided, with transaction dates, confirmation of money owed, taxes payable and other key information
I want to add additional charges like transport, packaging, etc. in the invoice. How can I do that?
For add additional charges like transport,packaging etc please follow these steps:
1. Go in Administration then master
2. Then go in account and then bill sundry
3. Click on add and mention bill sundry name
4. Take bill sundry type Additive and bill sundry nature other
5. If you want affect the cost of goods in sale or in purchase yes or no accordingly
6. In acconting in sale field account head to post no and tag specify account in which account you want show value of additional charges
7. Save the tab or in sale voucher or in purchase voucher you can use these bill sundries
What should I do if I am unable to pick up the Job ID in the material received from party voucher entry ?
if you are unable to pick job Id in the Material received from party voucher , please check the following steps :
Step 1: Review the data entry and check the Party name which is mentioned in the voucher.
Step 2; Check the Job work configurations from the Inventory menu.
Step 3: here you can need to check the Manitain Job ID feature is enable or not.
Step 4: While creating a Material Received voucher entry select the proper type of voucher as Rcvd.afetr job work .
Step 5: if still issue persist double check the Material issued voucher entry and resave it.
What is the process for Tagging tax codes to invoices based on the respective parties in BUSY?
There are the steps for tagging Tax code in invoices on teh respective parties :
Step 1: Go to Administration Menu
Step 2: Click on Masters option
Step 3: Then click on Accounts
Step 4: Tehn click on Modify option and open the respective party
Step 5: Proceed to the right side of the master page and Enable Default Sale Type as Y, then specify the specific tax rate as either Central or Local GST.
Step 6: Afterward, when raising invoices and selecting a party name, the tax will automatically be selected as per the default in the transaction.
How can I see my item current stock in voucher in dropdown?
We recommend to take latest backup of data before doing this.
For check item current stock in dropdown please follow below steps:
Step 1: Go to administration then go in configuration
Step 2: In configuration menu you will get option masters configuration
Step 3: Then select Item in master type which was given on top on left side
Step 4: Now go on Number of additional field in dropdown take 2 which was give on right side top position
Step 5: Take field current stock in serial number 2 and mention 15 character in width
Step 6: Now click on save then click yes on Regenerate master help file option
How do I set up pricing for purchases in board-wise pricing mode?
To set different sales prices for different parties in BUSY Accounting Software, you can use the Party Item-wise Price/Discount Structure feature. Here are the steps to configure it:
Step 1: Go to Administration and click on configuration.
Step 2: Select Features / Options and click on Inventory tab.
Step 3: Here you see an option called Item Pricing Mode in Vouchers Click on that and choose Party-Item-wise Price/Discount Structure and Select Mode as required.
Step 4: Now, go back to configuration and select Party-Item Price Structure and can select either Sale/Purchase.
Step 5: Next, you can set MRP, Price, Discount party & item wise as per the requirements.
Updating the email address associated with the BUSY account process and steps.
If you want to edit Masters in BUSY, you can follow these steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Administration tab and click on Masters.
Step 2: Select Master that you want to edit and click on Modify.
Step 3 : Click on the option to Modify your account information.
Step 4 : Locate the field for the email address and enter the new email address.
Step 5 : After Master window you can edit it as required and save changes.
Make sure to take backup before make any changes.
Why is the TCS entry not appearing in its respective ledger?
If the TCS entry is not appearing in its respective ledger then please ensure that Tcs account master is tagged in its repective bill sundry or not. If not then are required to tag the account master by follow steps:
Step 1: Go to Administration section then click on master menu
Step 2: Select the Bill sundry option then click on Modify mode.
Step 3: To tag Tcs account for sales, Specify N to disable adjust in sales amount and tag Tcs account in account head to post field.
Step 4: Press on save tab, account master has been tagged in tcs billsundry.
How do I match the taxable value to ensure the correct amount on my invoice?
To match the taxable value to ensure the correct amount on your invoice,please follow below steps:
Step 1: Check the prices of each item selected on your invoice
Step 2: Confirm the tax rates applied to each item on your invoice.
Step 3: Multiply the price of each item by the applicable tax rate to calculate the taxable value for each item.
Step 4: Compare the total taxable value calculated with the total amount shown on your invoice. They should match if the taxable values are calculated correctly.
Step 5: If you are unsure about the taxable value calculation, reach out to the tax expert for clarification.
