Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
Is all payments should be record with not applicable GST nature?
If payment made to your supplier then you need to apply tax on it so it should be record with not applicable gst nature. Further you can also concern with your tax advisor.
Should i show the assets bought through purchase or journal voucher?
You can use both vouchers either purchase or journal to record the purchase of assets. For purchase voucher you need to create an item for assets and specify the assets account in that.
In which voucher we can do payment entry in BUSY?
To do the payment entry in BUSY please follow these steps:
Step 1: Go to transactions menu
Step 2: Then select payment voucher
Step 3: Afterwards click on add button to create the payment voucher
What steps should I follow to generate accounts receivable reports?
To view the Outstanding analysis report then follow the below steps.
Step 1: Click on Display
Step 2: Then Outstanding Reports
Step 3: Then Amount Receivable, Here can check customer data with outstanding balance amount.
Where can I see the cash received in BUSY?
To see cash received in BUSY, you need to follow these steps :
Step 1: Go to transactions menu select voucher type as receipt
Step 2: Select list option and check cash received from parties.
Where is the transaction option in BUSY?.
To get the transaction option in BUSY you have to Open the company first then on the thrid menu option
on the top of BUSY screen you will get the transaction option
I need to record a bank transfer in BUSY but I am not sure how to do it. Can you walk me through the process?
To record bank transfer entry, follow:
Step 1: CLick on transactions
Step 2 : COntra
Step 3 : Add
Step 5 : Select both relevant bank account with amount
Step 6 : Save
BUSY is double booking some of my revenue transactions. How do I properly record split income to avoid duplicate booking?
In BUSY if you want to enter split income transaction in BUSY , you can add journal voucher for the same and can replicate voucher by f12 in different dates to avoid duplicacy.
How to show voucher as per billing and shipping party details instead of party master details in the GST report?
To show the voucher as per billing and shipping party details in the GST report then you need to select the GST report basis in the billing shipping window as per party master.
Why isn't a tagged fixed asset reflecting in the fixed assets section, and what might be causing this issue?
If the fixed asset is not reflecting in the fixed asset section, then you need to check the tagging in the account master group section; it should be tagged as a fixed asset.