Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How are expenses recorded separately for each branch?
With BUSY, you can assign a unique "Voucher Series" to each branch and use it when you record an expense voucher. This helps you to organize your expenses Branch-wise.
I am trying to record deemed exports but the GST amount is showing only in output fields, not in input fields. Why is the GST amount missing in input fields?
The GST amount will applied automatically on output fields whenever you make any
sales invoice or export invoice only Input GST done on purchase voucher or import voucher
Is it possible to pick the next voucher number automatically in BUSY when using the manual voucher numbering?
Yes, you can pick the next voucher number automatically when using manual voucher numbering, you need to put the cursor on voucher number field and press alt+f7 shortcut key.
What should I select under GST nature if I have received a credit note against a purchase?
When you receive a credit note from the party then you have to pass the debit note voucher and select the GST Nature as Credit note received against purchase.
How do I settle the amount received in cash and where should I write its details?
To settle the amount received in BUSY, you need to follow these steps :
Step 1: Go to transactions select receipt
Step 2: Click on add and mention cash received entry
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.