Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How to pass double entry voucher in BUSY
Double entry is an accounting method where every financial transaction is recorded using at least two entries,
A Debit and A Credit
When you will enter sale entry in BUSY softwrae, it will post debit as party account and credit of sale account
After that you have to receive payment from party or customer
Can I pass sale entry from journal voucher?
Yes you can pass sale entry from journal voucher but without item.
For pass sale entry from journal voucher follow below steps:
Step 1: Go to transaction menu then select journal voucher
Step 2: Click on add and take gst nature not applicable
Step 3: Mention debit party name and in credit sale account and pass entry.
When generating an invoice, I am not able to select the correct state for the party. The state is showing as the same as my company's state. how to change it.
To modify the State you can follow the steps.
Step 1. In window place the cursor on state field
Stpe 2. Now through drop down you can select the state.
Step 3. If state is not showing then you can create the state.
Through this process you can modify state
I'm trying to record a large journal entry in BUSY but it won't let me save it for some reason. What am I doing wrong?
Please provide details on potential errors that might occur when saving a journal entry. Additionally, examine the following aspects:
1.Confirm that the selected GST nature is correct.
2.Cross check the accounting entries posted in the journal voucher.
3.Verify that the GST details in the GST adjustment window are accurate.
4.Ensure that the debit and credit amounts are equal.
I entered a post-dated check in BUSY but it's not showing up correctly. How can I fix this?
To make changes in Post Dated cheque voucher then follow the steps:
Step 1: Go to Transaction menu
Step 2: Then click on voucher option
Step 3: Then click on modify option
Step 4: Then open voucher in modify mode and made the changes
Step 5: Then save the voucher by click on save button
I am unable to modify the invoice details in BUSY after generating it. What should I do?
There can be several reasons that you unable to modify the invoice details after generating it.
1. Ensure that you have the rights of modify the voucher
2. If don't have the rights then have to give the rights as super user of the company.
Then you can modify the voucher.
What is the correct way to enter receipt and payment entries for cash and bank accounts?
To enter receipt and payment entries for cash and bank accounts in BUSY, follow the below steps:
Step 1: Open your company then go to transactions menu.
Step 2: Select receipt or payment voucher and click on add.
Step 3: Enter the required details such as date, voucher number, debit and credit account with amount then save.
What is the right way to enter taxi reimbursements in BUSY?
For taxi reimbersement, You have to create the account master by taxi reimbersement name. Pass the accounting entry either through payment or journal voucher in BUSY.
Step 1: Click on Transaction
Step 2: Then Payment
Step 3: Then Add
DEBIT the account master of taxi reimbersement and CREDIT the cash or bank account.
How to I switch from GST to VAT in same company?
To swtich from GST to VAT then you need to use the shortcut key F12.To enable the option forswitching through F12 then follow the steps.
Step 1: Click on Administration
Step 2: Then Configurations
Step 3: Then Features and Options
Step 4: Then GST VAT
Step 5: Tick the allow switching between GST VAT using F12 and save it.
How can i post separate journal entry for GST in BUSY?
To post separate journal entry for gst in BUSY, you can follow the below steps:
Step 1: Go to transaction section then click on journal voucher.
Step 2: Choose add tab then specify the voucher series, date, number and gst nature as per entry.
Step 3: Now, Post the accounting entry for gst then save the invoice.