Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How do I record expenses like office rent and employee salaries?
To record the expense transaction in BUSY go to transactions menu and select journal voucher to add the different expense entry in BUSY.
What is the process to post bank entires in BUSY?
In BUSY, you can post bank entries by using the relevant vouchers from the transactions menu such as payment, receipt, journal and conta.
When will the credit note appear on the R1 return?
The credit note appear in the gstr 1 report if the credit note is related to the sales return not the purchase return.
Where is the short narration defined in the system?
When you add the accounting voucher you will able to see Short narration column . In that, you can define the short narration
How to check the balance sheet report?
You can check the balance sheet report from the below steps.
Step 1: Click on Display
Step 2: Then Final Results
Step 3: Then Balance sheet
How to add accounting voucher in BUSY.
To add the accounting voucher in BUSY Go to transaction menu then select voucher like payment, receipt, journal, contra to add in BUSY.
What is the difference between passing an entry mid and at the starting when taking a loan from the bank in BUSY?
There is no difference between passing loan entry in mid or at starting. You can post entry when you get loan from bank.
The app is showing my bill payment was successful but it's not reflecting in BUSY. What should I do?
Make sure you have passed payment entry in BUSY if you pass payment entry in BUSY then it will show in payment list.
Is there any other way to solve this issue related to adjusting the credit note for a purchase?
It is recommended to consult with a CA or an accountant for assistance in adjusting credit notes for purchases in BUSY Accounting software.
What are the consequences of posting expense adjustment entries against ITC instead of the correct account head?
If you are posted expense adjustment entries against ITC instead of the correct account head then it will directly impact the GST reporting.