Frequently Asked Questions

The Stock Valuation method specified here is used for the valuation of closing stock only. It is important to note that the closing stock of one month is the opening stock of next month. Thus, the stock valuation method affects the closing stock/opening stock that appears in inventory reports such...

Issue: My sales form in the accounting software is not working properly. How can I record a sale? What can I do? 
 Step 1: Check Your User Rights 
First, check your user role in the software. If you're a sub-user, you might not have the necessary permissions to access...

Accounting for inventory goods received but not yet invoiced involves recording the receipt of inventory items before receiving the supplier's invoice. This process is known as Goods Received Note (GRN) or Purchase Challan.
To account for inventory goods received but not yet invoiced in a voucher entry follow the below...

If you want to record recurring transactions in BUSY, you can use the feature of "Voucher Replication". This feature allows you to post transactions automatically for a specific period of time. Let us understand ho it works in detail.
Step 1: Open BUSY and select the company you want...

If you want to record recurring transactions in BUSY, you can use the feature of "Voucher Replication". This feature allows you to post transactions automatically for a specific period of time. Let us understand ho it works in detail.
Step 1: Open BUSY and select the company you want to...

The difference between recording a sales return voucher entry as a credit note and a debit note follow the belwo steps:
Solution 1 : 
Credit Note:
Step 1 : 
Perspective: A credit note is issued by the seller to the buyer when there is a sales return or a...

If you want to record recurring transactions in BUSY, you can use the feature of ""Voucher Replication"". This feature allows you to post transactions automatically for a specific period of time. Let us understand ho it works in detail.
Step 1: Open BUSY and select the company you want...

If you want to show fixed asset entry only in the balance sheet and not in the GST report in BUSY, you can follow these steps:
Step 1: You can pass a fixed asset entry either from a purchase voucher or a journal voucher.
Step 2: If you enter your...

BUSY offers two methods to apply discounts in your purchase voucher. These are:
Item-wise Discount: This method allows you to apply a discount percentage or amount for each item in the voucher. You can use this method if you want to give different discounts for different items. To enable it...

To apply cess and additional cess at the item level in BUSY accounting software follow the below steps: 
Solution/Answer/Relevant Steps 
Step 1: 
Create or Edit Item:Create a new item or edit an existing item to which you want to apply cess and additional cess.
Step 2:
Enable Taxation Details:In...