Frequently Asked Questions

To enter a payment voucher in BUSY, you need to select a Cash/Bank account for the credit side. This is the account from which you make the payment. For the debit side, you can select any account that you want to pay to, such as debtors, creditors, expenses, tax, etc.

To post a journal entry for an expense in BUSY, you need to follow these steps:
Step 1: Go to transactions menu then select journal voucher and click on add.
Step 2: Enter the required details such as date, voucher number, gst nature, debit and credit the accounts with amount then save.

To enter the capital entry of the proprietor, you should record a journal voucher by using these steps:
Step 1: Go to transactions menu then select journal voucher and click on add.
Step 2: Enter the required details such as date, voucher number, debit and credit account with relevant amount then save.

To add the receipt voucher in BUSY, follow these steps:
Step 1: Go to transactions menu then select receipt voucher and click on add.
Step 2: Enter the required details such as date, voucher number, gst nature as not applicable.
Step 3: Select debit and credit account with amount then save the voucher.

For partial payments, you need to record a payment voucher and adjust the bill reference number that was assigned to the invoice. For advance receipts, you need to record a receipt voucher and select the GST nature as Advance Receipt if you want to pay tax on the advance amount.

You can select the FIFO method for the stock valuation from the below steps.
Step 1: Take the backup of your data
Step 1: Click on Administration
Step 2: Then Configuration
Step 3: Then Features and Options
Step 4: Then Inventory 
Step 5: Then Select as FIFO in the stock valuation method and save it.

To find a specific party in the software then follow the steps.
Step 1: Go to Administration menu and click on the Masters option.
Step 2: Then click on Account option and now click on modify option.
Step 3: Then type party name whatever you want to search from the drop donw list.

The Job Work related Accounting entries include recording Material Issue For Job Workers, Recording Material Received from Job Workers, Accounting for Job Work Charges or Expenses, And also maintain reports for the track of these charges in Job Work Reports which is available in Display Tab > Job Work Reports.

In the purchase voucher, It is necessary to add the item.As without item the voucher will not get saved.You can create the Item by tax category name or any other as per your requirement then enable the option dont maintain stock balance so that the stock will not get maintain.

If you want to record a transaction for rent payment in BUSY, you can follow these steps:
Step 1: Go to Transactions menu and select Payment / Journal.
Step 2: Click on Add and enter the all necessary details such as Date, Vch No, Rent Account, Amount, etc and save the transaction.