Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry accounting
Credit note entry not show in Gstr-1
If credit note entry not show in Gstr-1 check these steps:
1. Check Gst nature of entry
2. Check your Accounting entry for accounting entry you can contact to your accountant or ca
3. Check proper detail mention in Adjustment of Debit and credit note window like original invoice number,Gst amount etc.
How to enter voucher date in BUSY?.
To enter voucher date in BUSY you need to follow the steps
1 go to transaction menu and select the voucher type
2 Open the voucher in modify modify if its already created or click on add
3 then fill the required date on Date field
How do I find the serial number of a particular transaction?
If You can find the serial number of a particular transaction then follow the steps
Step 1: Click on Display then click on Sr. No. wise reports option
Step 2: Then click on Item Sr. No. History then define serial number and click on ok button to get the detail.
Why is the expense not showing in the cash ledger?
If the expense are not showing in the cash ledger, then might be these possible reasons:
1. May be the expense entry recorded with other than cash account like bank, etc.
2. Might be that is registered expense entry and in that case party account will credit instead of cash.
What is the accounting process for partial payment?
To record partial payments in BUSY Accounting software, please follow below steps:
Step 1: Go to the Transactions tab and click on Payment option
Step 2: Click on Add and mention the neccessary details such as date, voucher no, and adjust the bill references of invoices and save the transaction.
How to record loan payments in BUSY
To record the loan payment entry, we have to go to :
step 1 : click on transaction
step 2 : Journal
step 3 : add
step 4 : select liability loan account as debit and cash or bank as credit
step 5 : specify amount for loan payment
step 6 : save entry
Need to Post Contra Voucher in Receipt/Payment
there is no option to post contra entry in receipt/payment voucher because if you received any payment or you pay the payment to another party then you can add receipt/payment entry and for bank to cash or cash to bank transaction entries will be post through contra .
How to create NTA in BUSY?.
To create a Non taxable adjustment in BUSY you need to follow the steps
Step1 open BUSY company and go to the transaction menu
Step2 select the journal voucher and click add
Step3 Make GST nature as not applicable and make necessary NTA entries then save
I have some incentive credit notes from the supplier against my purchases. What is the correct way to account for these incentive credit notes in BUSY?
To add incentive credit note , you can follow the below steps:
Step 1: Go to transaction then select credit note without item
Step 2: Click on add then mention GST nature as dr note received against purchase
Step 3: Mention accounts and post entry
I want to transfer money from my bank account into a specific customer's account in BUSY. What is the process to do this?
Please follow the below steps to enter a payment entry in BUSY
Step 2: Go to Transaction Menu
Step 3: Click on payment voucher
Step 4: Then click on add option then you have specify all required deatils (date, voucher number etc.) and then enter the accounting entry of paymnet