Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
What is the process for verifying accounts with parties/customers?
To Verify accounts with parties and customers, you can follow these steps:
Step 1: Ensure you have enterd correct party address in account master.
Step 2: Ensure you have enterd correct pin code in account master.
Step 3: Makesure you have mentioned correct GST number.
Step 4: Checking the account ledger and register for credit and debit amounts.
Step 5: Confirming the validity of invoices and bills generated for GST-registerd parties.
How do I adjust or amend entries in BUSY?
To adjust or amend entries in BUSY, Here's a general guide on how to do this please follow the steps : Step 1: Find the entry you want to adjust or amend.
Step 2; go to the Journal Entry section.
Step 3: modify entry details such as dates, amounts, accounts, descriptions, and more.
Step 4: After making the necessary adjustments, save the changes to update the entry.
How to record cheque receipt against invoice in BUSY
If you want to record cheque received against invoices 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, Bank Account, etc. in the selected voucher.
How do I enter an interest payment in BUSY?
To enter an Interest payment voucher in BUSY you need to follow the steps
1 go to transaction menu then click to payment and click to add
2 then fill the series date and voucher number select gst nature as not applicable
3 debit the Interest payment amount and credit the bank or cash and save
4 need to ensure interest payment ledger should be under expense indirect
Modify or delete an invoice entered wrongly in BUSY.
To modify or delete an invoice entered wrongly in BUSY you need to follow the steps
Step1 Go to transaction menu and select the voucher type then click on list
Step2 select the date range and ok then select the voucher you want to modify or delete
Step3 press F8 or delete key to delete voucher or make changes if required then save
Can I change the customer name on the receipt?
To change the customer name on the receipt, you need to modify the receipt voucher by using these steps:
Step 1: Go to transactions menu then select receipt voucher.
Step 2: Click on modify and can change the account name then resave it.
Step 3: If you want to change name of existing customer then press ALT+M on customer name and after opening it modify the name then resave.
I need to modify how some expense accounts are tagged in the accounting software. How can I change the tagging for specific accounts?
To change the tagging of specific expense account in BUSY you need to follow the steps
Step1 Go to administration menu and click on master
Step2 Click on account and then click to modify
Step3 search the account name and enter then change the account group as Expense and
mention other details like gst applicable or not and sac code etc then save
What should I do if I am in doubt about handling credit and debit notes in the BUSY?
If you are in doubt about handling credit and debit notes in the BUSY, you can concern with your accountant or CA for more clarification on this. Further both vouchers is used to make adjustement towards to your sales and purchase transactions.
Credit Note: It is generate against the sales invoice to reduce its value.
Debit Note: Is is generate against the purchase invoice to reduct its value.
Why does it show Cant change because when trying to enter opening balance for a bank account?
If you are not able to change the opening of bank account then check the below steps.
Step 1: Make sure that you data should not be frozen.
Step 2: If it is not the beginning year then you will not be able to change the opening balance, For that you have to split the financial year.
Step 3: You should have modification rights to change the opening balance.
Editing and correcting invoice dates entered incorrectly earlier this month in BUSY. Steps for correction.
To editing and correcting invoice dates entered incorrectly earlier this month in BUSY
you need to follow the steps
Step1 Go to transaction menu and click on sale
Step2 click on list and select the date range on which you want the modification then click ok
Step3 select the vouchers one by one and enter then make the changes you required and save