Frequently Asked Questions

To add a journal voucher in BUSY you need to follow the steps 
 1 Go to transaction menu and click on Journal 
 2 then click on add option and fill the details of series date voucher number 
 3 after that select GST nature for which you want to generate Journal voucher 
 4 add the Debit credit account and its amount then save

To post registered expense in BUSY, follow these steps:
Step 1: Go to transaction section then click on journal voucher type
Step 2: Select the Add tab, then specify the voucher series, date, voucher number, and choose the registered expense option in GST nature.
Step 3: Post the accounting entry with tax . A window will appear for gst details, update the details for same and save the invoice.

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.

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

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

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.

To pass adjustments entries for update account balances you can add journal voucher by using these steps:
Step 1: Go to Transactions menu then select Journal voucher.
Step 2: Click to Add and enter all the necessary details such as Date, Voucher Number, debit and credit your account as per the requirements.
Step 3: After entering all the details click on save button or press F2 to save.

Yes, I can help you understand certain accounting terms and concepts. Accounting is the process of recording, classifying, and summarizing business transactions to make informed decisions and ensure the smooth running of a business. Some basic accounting terms include assets, liabilities, revenue, expenses, accounts payable, and accounts receivable. If you have specific terms or concepts you would like me to explain, please let me know.

To record a customer refund in BUSY follow the steps 
 Step1 open company and go to transaction menu 
 Step2 click on Sales Return and click add
 Step3 Fill the necessary refund details like date voucher number sale type product name quantity 
 price and amount 
 Step4 give the original voucher details for which voucher its getting refund then apply tax and save

To get the pincode of receiptance you can follow the steps. 
 Step 1. You can check the pincode in party master. 
 Step 2. IF you did not filled the pin code in party master then you can validate the gstin and can find the pincode. 
 Step 3. If your party is unregistered then you can ask to your party about their pincode.