Frequently Asked
Questions
Find Solutions to Common Issues Related to configurations - voucher entry both
I am trying to make an entry in the new updated software but my old data configurations like item master are not reflecting here. What should I do?
If the existing item master is not reflecting in BUSY data after a software update, consider checking the following aspects:
1.Confirm that you did not delete the specific item master.
2.Run the Regenerate Master Help Files for the item master from housekeeping to resave the item master. It's recommended to proceed after taking a backup.
3.Verify if the item master is deactivated, you can find this in the utility section under the administration menu.
4.If needed, restore the old backup by selecting No for the overwrite option and cross verify the item master data.
How to set up Paytm in BUSY for sales
You can set up paytm mode at time of sale in BUSY
Please follow the given steps
Step 1 Go on administratino menu
Step 2 Click on configuration then voucher series configuration
Step 3 Click on sales and select series
Step 4 Click on voucher configuration
Step 5 Enable the option ENABLE SETTLEMENT DETAILS and click on configure
Step 6 Enable the settlement option you want and mention paytm account here and save
Step 7 Create a sale transaction, during save it will ask for payment settlement
Step 8 Mention here paytm payment
How do I properly record debit and credit entries?
To properly record debit and credit entries in BUSY, you need to understand the basic principles of double-entry bookkeeping. Debit entries are made on the left side of an account and represent increases in assets or expenses, while credit entries are made on the right side and represent increases in liabilities, equity, or revenue. When recording a transaction, you should ensure that the total debits equal the total credits to maintain balance. It is important to accurately classify the nature of the transaction and select the appropriate accounts for recording debit and credit entries.
Generate BC invoices in BUSY. What's different from BB?
B2B refers to Business-to-business (Registered to registered) where the taxpayer can claim the input of tax and B2C invoices are those invoices where the end-user will not be claiming input tax credit (ITC).
To know the process of generation B2C invoices in BUSY, Check below instructions:
1: Disable GST from company.
2: Create account master and specify type of dealer as unregistered.
3: When GSTN not specify in account master and we create the invoice so it will consider as B2C invoice.
4: Save the master and create invoice.
How do i add a purchase voucher in BUSY?
If you want to record a purchase voucher in BUSY, you can follow these steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Transactions tab on the top menu bar.
Step 2: Under the Transactions tab, you will find a voucher named Purchase. Click on it to open the voucher entry window.
Step 3: Enter all the necessary details of the purchase transaction, such as the party name, invoice number, item name, quantity, rate, etc.
Step 4: Click on Save to record the voucher and close the window.
How do I record exempted sales correctly in BUSY?
To record exempted sales correctly in BUSY, you can follow these steps:
Step 1: Create a new item or select an existing item that is exempt from GST.
Step 2: In the Item Master, select the Tax Category as Exempt.
Step 3: Then go to Transactions tab then click on Sales/Supply outward.
Step 4: In the Sale Invoice, enter the details Series, Voucher date, Voucher Number,
then it will ask for Sales Type so have to choose local or central Exempt.
Step 5: Then enter Customer and Item details and save the voucher.
How to redo incorrect sales voucher entries in BUSY?
To redo incorrect sales voucher entries in BUSY, you can follow these steps:
1. Open the voucher entry screen in BUSY.
2. Locate the incorrect sales voucher entry that you want to redo.
3. Select the entry and click on the "Delete" button to remove it.
4. Once the incorrect entry is deleted, you can create a new sales voucher entry with the correct details.
5. Enter the accurate information, such as the customer details, item details, quantities, and prices.
6. Save the new sales voucher entry.
By following these steps, you can redo incorrect sales voucher entries in BUSY.
How to handle missing invoices in GSTR reports?
If you want to handle missing invoices in GSTR reports then please follow the
given steps
Step 1: Make sure you have applied tax in that invoice which is missing in the report.
Step 2: While enter transaction through journal voucher make sure to select
registered expense in GST nature and in the register expense window
make sure you have select ITC eligibility as Input good or services.
Step 3: Make sure in item master there is an option skip in gst report must be set
as N.
How do I record inventory purchases in BUSY?
If you want to record a purchase voucher in BUSY, you can follow these steps:
Step 1: Open BUSY and select the company you want to work with. Then, go to the Transactions tab on the top menu bar.
Step 2: Under the Transactions tab, you will find a voucher named Purchase. Click on it to open the voucher entry window.
Step 3: Enter all the necessary details of the purchase transaction, such as the party name, invoice number, item name, quantity, rate, etc.
Step 4: Click on Save to record the voucher and close the window.
How do I record inventory transactions like purchase, sales, stock transfers, etc. in BUSY?
To record sales & purchase in BUSY, you need follow these steps:
Step 1: Open your compnay, then, go to the Transactions menu.
Step 2: Select Sales or Purchase as required then click on Add.
Step 3: Enter all the required details such as Date, voucher no., party, etc and save the transaction.
Step 4: To transfer stock from one godown to another select Stock Transfer voucher from the Transaction menu.
Step 5: Click on Add and enter the all required details From & To material center, Item, etc and save the transaction.