Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
Is it possible to view capital balance in the voucher entry?
Yes, when you add voucher and select the capital account the current balance will be shown at bottom.
What are the options for managing expenses and reimbursements in BUSY?
To manage expenses and reimbursements in BUSY, you can use Payment and Journal voucher to record these transactions.
What kind of accounts can I create in the software?
You can create various of accounts in the software, such as cash, bank, asstes,expense and sundry creditor ,debtors
What is the use of Journal voucher in BUSY?
A journal entry records both sides of this transaction in the form of a debit and credit value.
Why is there no % tax option in GSTR?
There is no 9% tax option in GSTR because it is not listed in the GSTR tax list.
How can I Enter receipt in BUSY.
Can enter receipt voucher by the following ways:
Step: 1 Go to the transaction.
Step: 2 Receipt voucher - Add.
If I receive payment in cash for a party, do I still need to show them the books of the account or hand over the receipt immediately?
Yes, you should record cash payemnt received in receipt voucher to maintain books and reports correctly in BUSY.
How do I figure out in which bank the credit for a particular receipt entry should go, especially if different parties have different modes of payment?
You should select the bank in which the payment was received for that particular receipt entry in BUSY.
In which section of the software should I enter the profit and loss details for transferring the net profit?
For transfering the net profit to capital account you can add the journal voucher from the transactions menu.
Is the credit and debit process for entering transactions the same for payments and journal entries in BUSY?
Yes,the credit and debit process for entering transactions is the same for payments and journal entries in BUSY.