Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How do i open the window of registered expense details in journal voucher?
When you enter a journal or payment voucher with the GST nature as registered expense B2B then registered expense window will appear automatically at the time of saving that voucher.
How do I record additional costs like transportation and labor in production process?
Add transport and labour charges as a item and then enter amount . or Add entry through Journal voucher or payment voucher if paying labour or transportation charges same time
When I pass an entry, should I see increase or decrease in balance?
It depends on the type of entry being passed. If it is a debit entry, the balance will increase, and if it is a credit entry, the balance will decrease.
Is there an option of transport details when creating a new voucher?
Yes, there is an option of transport details when creating a new voucher in BUSY Accounting software. You can add the transport details for both intra and inter state transaction.
How can I track and report credit card receivables and payables in the accounting software?
In BUSY, you can enter payment and receipt vouchers to record your credit card transactions. And we have option to track customer's outstandings through Bills Payable and Bills Receivables.
Do I need to charge tax while recording expenses in a journal voucher?
It depends on the type of expense and whether it is registered expense or not. If it is registered expense then you need to charge tax in journal voucher.
How do I record adjusting journal entries? I'm having trouble balancing my books.
record adjusting journal entries and having trouble to balancing books then make sure that need to identify the accounts that need adjustment and make the necessary changes in entry.
I am unable to find the voucher generation option. Where is it located?
To generate the voucher you need to follow the steps
Step1 Go to transaction menu
Step2 Click on sales voucher or other voucher you want to make
Step3 Add
. When will a payment/receipt adjust against a purchase/sales bill in BUSY?
When you will received amount from your customers and done payments to your vendors then you can pass payment / receipt vouchers and adjust the sale / purchase bills.
How should I make entries in case of a delayed payment?
If your payment is delayed then still you should pass the payment voucher normaly. Further if counter party charged any interest then you need to pay amount with interest.