Frequently Asked Questions

To enter your interest income from bank in BUSY you need to follow the steps 
 Step1 go to transaction menu and click on receipt and click to add
 Step2 then mention voucher series date and number 
 Step3 Create a Interest receipt from bank ledger and make its group under indirect income 
 Step4 On the receipt voucher select the bank name on receipt mode and select the 
 Interest receipt form bank account on credit and save the voucher

To create bills for two different outlets with the same GST number in BUSY,please follow below steps:
Step 1:  Go to Transaction menu and select Sales voucher type from submenu.
Step 2:  Click on Add Option.
Step 3:  Now fill voucher header details like , date , voucher number, MC Name , Sale type.
Step 4:  After this Click on the Item entry select Item from the list . And Enter tax details in bill sundry.
Step 5 : Save the voucher

To record GST paid on inclusive invoice in BUSY, we have to follow these steps :
Step 1 : Click on Transactions
Step 2 : Payment voucher
Step 3 : Add
Step 4 : Define voucher series, voucher date and voucher number
Step 5 : Select GST nature as GST payment to government
Step 6 : Select the accounts for payment of GST 
Step 7 : Define details in GST payment to government window
Step 8 : Save voucher 
Step 9 : Check GST summary or GST ledger

To record electricity payment entry under GST in BUSY, you need to follow these steps:
 Step 1: Go to Transaction menu and select Journal voucher.
 Step 2: Click on Add and enter Date, and GST Nature should be Registered Expense (B2B).
 Step 3: Debit your Electricity expense head and tax accounts.
 Step 4: Credit the Electricity company master which you have created with their GST number.
 Step 5: When you save the transaction mention the tax rate, HSN, ITC eligibility, etc.

To adjust payments or bills from previous years in the current year,please follow steps : 
Step 1: Go to last Year , run update master balance utility from house keeping menu. 
Step 2. Change FY and update data to current year . this option you will get it from Administration menu 
Step 3 : go to the display menu select Bills receivable report from outstaning report option. 
Step 4: specify the date range press F4 and adjust the opening references .

To record advance payments to vendors in BUSY, you can follow these steps:
 Step 1. Click on transactions
 Step 2 . Payment Add
 Step 3. Choose the vendor for whom you want to record the advance payment.
 Step 4. Enter the necessary details such as the voucher date, payment mode, and amount.
 Step 5. In the Ledger Account section, select the appropriate ledger account for the advance payment.
 Step 6. Save the voucher to record the advance payment to the vendor.

To reduce the purchase amount after receiving a credit note in BUSY,you need to create a debit note against the purchase.
Pls follow the below steps.
Step 1: Click on Transactions and then debit note
Step 2: Then add,here select the gst nature as credit note against purchase then pass the entry as DEBIT the party account and CREDIT the purchase and tax account.
Step 3: When you save the voucher then mention the required details in the adjustment debit note window and save it.

To enter the original invoice number in the credit note, you need to follow these steps:
Step 1: Go to transactions menu then select credit note (w/o items) and click on add.
Step 2: After that enter the required details such as date, voucher number, GST nature as against sale, debit and credit account with amount then save.
Step 3: At the time of saving a window will appear in that you have to mention the original invoice number and other details then save.

In BUSY default cash account ledger already exist but to create new cash account follow the process
 Step1 open company and go to administration menu 
 Step2 go to master and click on then click on account 
 Step3 then click on add create new cash account but make sure cash ledger name should be different 
 because in BUSY already cash account exist so the new cash account name should be different
 Step4 select group cash in hand then save

If you want to record payment received from customers in BUSY, you can follow these steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Transactions menu.
Step 2: Choose the Receipt Voucher and click on Add to record the expense.
Step 3: Fill in the necessary details such as Date, Voucher no., Amount, etc. in the selected voucher.
Step 4: Adjust the Bill reference no. in Bill by Bill window to get better tracking bill wise.