Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How can i pass entry in BUSY, if need to adjust amount against sale made?
To pass entry in BUSY, if need to adjust amount against sale made, you need to follow these steps:
Step 1: Go to transactions click on credit note without items (W/O items).
Step 2: Click on add and afjust the amount.
I am having issues with incorrect business promotion expense ledger balance. What could be wrong.
If your account ledger showing wrong amount in BUSY you may check some points:
1: Check the journal entry or voucher entered in ledger.
2: Incase of data mismatch check in short range and run regenerate dual voucher or reindex database.
Why is the due date not greater than the voucher date of the party?
If the due date is not greater than the party voucher date then make sure that you have mention the credit days in the party master. Credit days option will show if you enable the bill by bill option.
How can i adjust my profit in partners capital account in BUSY?
For adjusting profit in partners captial account in BUSY, Follow below steps:
Step 1: Go to Transaction menu and select journal voucher option
Step 2: Then select add option and post a jounal entry for adjusting profit in partners capital account.
I used to be able to see the average loan balance on the side of my loan ledger in BUSY but now I don't see it. How can I view this?
It could be possible that you have made changes on the loan ledger group so now its not showing ensure
that the group of your loan ledger mention properly then run update master balance from
house keeping menu
I'm seeing an incorrect or strange amount deducted from my account. Can you look into this and fix it if there was a mistake?
If you think that wrong amount is deducted from your account ledger, so for rectifying amount you can open voucher in modify mode by transaction - select voucher type - modify and then after updating entry resave voucher.
I need to issue refunds to customers in BUSY, but I don't see an option for refunds. How can I record refund transactions?
If you want to pass the refund transaction to the party, then you need to pass the Journal voucher.
Pls follow the below steps :
Step 1: Click on Transactions
Step 2: Then Journal
Step 3: Then Add
What is the right way to account for GST refunds and adjustments in BUSY to ensure my books are correct?
To record GST refunds received you need to go to transaction menu then select journal from it and click on add option to add voucher.
Note: For journal entry you need to consult your CA or accountant.
I made a payment entry but there is no name against it. How do I enter the payee name?
In payment voucher you need to debit your Party Master which is the payee. Make sure the party master is created with their name. Further, you can also add more details about the payee in the narration field.
How can I record GST refunds received in the General Voucher in BUSY? What is the correct process?
To record GST refunds received you need to go to transaction menu then select journal from it and click on add option to add voucher.
Note: For journal entry you need to consult your CA or accountant.