Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How do I record transactions for pay the bill in BUSY?
If you want to record entry for pay the bill, you can add Payment Voucher by using below steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Transactions tab and click on Payment.
Step 2: Click on Add and mention the neccessary details such as Date, Voucher no, Account, Amount,etc and save the transaction.
How do I record personal or home expenses in BUSY?
If you want to record personal or home expenses, you can add Journal Voucher by using below steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Transactions tab and click on Journal.
Step 2: Click on Add and mention the neccessary details such as date, voucher no, Gst Nature, etc. and save the transaction.
Correct or override sales tax calculated by BUSY on invoices.
Yes, you can correct or override the sales tax calculated by BUSY on invoices by following these steps:
Step 1: Go to Transactions.
Step 2: Click on the Voucher type that needs to be modified.
Step 3: Three options will be displayed: Add/Modify/List.
Step 4: Click on Modify to edit the voucher.
Step 5: Reapply tax and then resave the voucher.
How can I transfer money using NEFT in BUSY?
To transfer money using NEFT in BUSY, you need to follow these steps :
Step 1 : Go to administration then configuration click on features and options
Step 2 : Go to accounts tab and enable bank instrument details and click on save button.
Step 3 : Now go to transactions and add payment voucher and define payment mode in bank instrument details window.
How do I set up bank feeds in BUSY?
To set bank feeds in BUSY you need to follow some steps:
Step 1: Go to administration and click on Master Option.
Step 2: Now click on Account and then click on Add Option.
Step 3 Now enter bank name and create account
Step 4: Now Go to Transaction and click on any accounting voucher like payment,recipt,journal and contra and enter your bank relevent entries.
How do I booked twice expenses in BUSY?
If you want to record personal or home expenses, you can add Journal Voucher by using below steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Transactions tab and click on Journal.
Step 2: Click on Add and mention the neccessary details such as date, voucher no, Gst Nature, etc. and save the transaction.
How do I update my LUT number ?
There is no specific LUT field in BUSY but you can mention it in the header option of printing standard format.
Pls Follow Below Steps :
Step1 : Click on Administration
Step 2: Then Configuration
Step 3: Then Invoice Document printing
Step 4: Then Standard
Step 5: Then Select the required invoice type
Step 6: Then enter the LUT number in the header option and save it.
Can you provide guidance on accounting entries for salary payment?
You can pass payment or journal voucher to record accounting entries for salary payment in BUSY. To know how to add that vouchers, follow the below steps:
Step 1: Go to transactions menu then select payment or journal voucher and click on add.
Step 2: Enter the required details such as date, voucher number, debit and credit account with amount then save.
How do I record my business expenses in BUSY?
To record expenses in BUSY, follow these steps:
Step 1: Go to the Administration menu and click on Masters.
Step 2: Click on Account Master and create an expense account that you want to maintain in BUSY. Take its ledger under the group expenses.
Step 3: Go to the Transaction menu and click on Journal.
Step 4: Pass the journal entry for the expense.
When save a debit note or credit note voucher, an error appears saying no tax account found. What should i do to resolve this?
If showing no tax account found error while saving debit note or credit note vouchers in BUSY, then you need to check these steps:
Step 1: Check the tax account entered correctly such as CGST, SGST or IGST.
Step 2: In the tax account master the group should be duties and taxes and tax type should be match with the account head.