Frequently Asked Questions

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.

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.

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

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.

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.

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

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

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.

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.

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.