Frequently Asked Questions

If you import masters from XML option in that case you can copy opening balances or closing balance from an existing company but cannot add or substract balances.  

Validation of GSTIN no is avalaible in BUSY please follow below mention steps:-
 Step 1:- Transaction Tab
 Step 2:- GST Misc. Utilities
 Step 3:- Validate GSTIN No. Online

No, it is not possible to create an item without a group or a sub group. Item Group is a mandatory field while creating an item in BUSY.

In BUSY, you can assign the opening balance to individual accounts not for a group because in account group there is no provision to enter the opening balance.

Yes the details of party would automatically filled when you add new account master by pressing F4 key then validating GSTIN and then using update and quit option.

BUSY has predefined account groups such as Sundry Debtors, Sundry Creditors, Expenses, etc. You should choose the right group for each master based on its nature and classification.

You should select commission on sales account in the salesman or broker master for posting the commission entry. However you can also create account as per your requirements.

To meet the requirement of a minimum 6-digit HSN code for item number 6, you need to update the HSN code for that item to a 6-digit code.

It is necessary to assign a group to an item while creating a purchase voucher in BUSY Accounting software to categorize the item for accounting and reporting purposes.

There is no relevance between sales price and opening stock so you can update the sale price even though the opening stock is zero in the item master.