Frequently Asked Questions

Q: Is it possible to enter single entry for modifying receipts?

If you have posted receipts or payments voucher in double entry system then you can not move to single entry system.

Q: Why I am not able to cancel the voucher?

If you are not able to cancel the voucher then make sure that you should have user rights to cancel it.

Q: Can I enter credit notes without items in BUSY?

Yes there is an option in BUSY software to create credit notes without items ,it is available under the transactions menu

Q: I am trying to enter a journal entry, but BUSY won't allow me to save it. What are some reasons a journal entry might fail to save?

If you are not able to save the voucher entry, Then make sure that you have selected the correct voucher date.

Q: Why is the GST not getting reflected correctly when I create debit notes or purchase returns? What configuration should I check?

Need to check that Details are feeding correct in Adjustment of debit note and credit note window in debit note voucher.

Q: I received an invoice from a transport company. What is the correct journal entry to record this expense in BUSY?

here's a general example of a journal entry for recording a transportation expense: Debit: Transportation Expense Account Credit: Accounts Payable (or Cash)

Q: Is there a reference to the original invoice number in a debit note or purchase return in BUSY Accounting Software?

Yes, there is a reference to the original invoice number in a debit note or purchase return in BUSY Accounting Software.

Q: I want to adjust the TCS amount charged in a voucher in BUSY. How can I do that?

if you want to make adjustment voucher add journal entry from Go to Transaction manu click on Journal add the voucher

Q: I need help understanding double entry bookkeeping in BUSY. Can you explain the debit and credit concept?

BUSY follows double entry book keeping concept. To know more about that concept you can concern with your CA or Accountant.

Q: Can i do the payment entry in cash if i have pay the cash to my creditors?

Yes you can do the payment entry in cash in payment voucher if you have pay the cash to your creditors.

Solutions to common issues related to Configurations — Voucher Entry Accounting.

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Step-by-step Answers

Is it possible to enter single entry for modifying receipts?

If you have posted receipts or payments voucher in double entry system then you can not move to single entry system.

Why I am not able to cancel the voucher?

If you are not able to cancel the voucher then make sure that you should have user rights to cancel it.

Can I enter credit notes without items in BUSY?

Yes there is an option in BUSY software to create credit notes without items ,it is available under the transactions menu

I am trying to enter a journal entry, but BUSY won't allow me to save it. What are some reasons a journal entry might fail to save?

If you are not able to save the voucher entry, Then make sure that you have selected the correct voucher date.

Why is the GST not getting reflected correctly when I create debit notes or purchase returns? What configuration should I check?

Need to check that Details are feeding correct in Adjustment of debit note and credit note window in debit note voucher.

I received an invoice from a transport company. What is the correct journal entry to record this expense in BUSY?

here's a general example of a journal entry for recording a transportation expense:
Debit: Transportation Expense Account 
Credit: Accounts Payable (or Cash)

Is there a reference to the original invoice number in a debit note or purchase return in BUSY Accounting Software?

Yes, there is a reference to the original invoice number in a debit note or purchase return in BUSY Accounting Software.

I want to adjust the TCS amount charged in a voucher in BUSY. How can I do that?


if you want to make adjustment voucher add journal entry from
Go to Transaction manu click on Journal add the voucher

I need help understanding double entry bookkeeping in BUSY. Can you explain the debit and credit concept?

BUSY follows double entry book keeping concept. To know more about that concept you can concern with your CA or Accountant.

Can i do the payment entry in cash if i have pay the cash to my creditors?

Yes you can do the payment entry in cash in payment voucher if you have pay the cash to your creditors.

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