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

If you enter a payment voucher in BUSY and it is showing error while saving make sure that your debit and credit amount should be equal in case of double entry system.

If you entered a cheque but it bounced then you need to pass journal voucher to reverse that entry. Further, you can delete that entry by press F8 after opening that voucher.

To receive payment directly into your bank account, you can create an accounting entry and select the bank account instead of cash. This selection will be promptly reflected in your bank ledger.

Yes, BUSY Accounting software can be customized to add a particular feature that you require for your business. You can contact your authorized channel partner and will be done on chargeable basis.