Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
How can I remove the impact of a wrongly entered reversal entry in my GSTR B?
To remove the impact of a wrongly entered reversal entry in the GSTR-3B, you have to open that Journal Voucher and select the GST Nature as Not Applicable. This will remove the impact of reversal entry in the GSTR-3B. Further you can also delete that entry to remove the impace.
I have changed the series in existing voucher now my voucher numbering sequence is mis match.
To resolve the issue of voucher numbering mis match you can follow the steps.
Step 1. Take backup of current data
Step 2. Now open the voucher in modify mode.
Step 3. Now modify the voucher series manually
Step 4. After modify voucher save the voucher.
I made a bank payment entry for lakhs in BUSY, but the party account shows less amount deducted. Why is this difference coming?
You have made a bank payment entry but showing less amount in the party account then make sure you have pass the correct entry. The entry should be for making the payment to the bank is DEBIT the bank account and CREDIT the cash account with the same amount.
What should I do to reconcile the credit note amount if it is not reflecting properly in the accounts?
If the credit note amount is not reflecting properly in the accounts, you should follow up with the supplier to ensure that they have entered the credit note in the GST portal. Once the credit note is entered in the portal, it should sync properly with your accounting software.
Can you explain the concept of debit and credit in the software in relation to payment transactions?
The concept of Debit and Credit as per the golden rules of accounting is Debit the receiver and Credit the giver.In the payment voucher,The party is the receiver then you have to debit the party and cash or bank account is the giver then you have to credit it.
Issues with selecting Haryana CGST and SGST rates for out-of-state GST number customers in BUSY.
If you are facing issue while billing to outside state customer you need to follow the steps
1 In party master party state and gst number should be correct To verify it you can
use the validation option
2 In voucher sale type should be IGST
I want to know more about the payment recording options and process in BUSY.
For Recording payment option you can pass two type of vouchers
1. payment
2. Journal
for Recording payment voucher please follow these steps:
1. Go in transactions
2. Then Go in payment or in journal option
3. Then click on add and mention series and date
4. Then pass accounting entry and save voucher
How do I change the series for a credit note when uploading to GST?
To change the series for a credit note when uploading to GST, follow these steps:
1.Go to Transactions.
2.Find the Credit Note.
3.Enter credit note number under Modify Section.
4.Change Voucher Number Series.
5.Save the Voucher.
By following these steps, you can easily change the series for a credit note when uploading it to GST.
How do I remove a partner who has left the partnership firm in BUSY?
To remove a partner who has left partnership firm in BUSY you have to follow the steps
1 go to administration menu
2 click on utilities and select deactivate master
3 select master type as account then select the partner name
4 then make yes on deactivate and save
How to modify billing and shipping addresses before invoice generation in BUSY Software?
To modify the billing and shipping addresses before invoice generation in BUSY.
Step1: Go to the party master details and modify or update the addresses accordingly as billing and shipping
Step2: If using billing to shipping detail feature for shipping addresses can updated for billing and shipping window.