Frequently Asked
Questions

Find Solutions to Common Issues Related to features - accounts

FAQs

What menu or settings do I need to access to set broker commissions?

To configure broker commissions in BUSY, you can follow these steps:
Step 1:Go to Administration
Step 2:Configurations
Step 3:Feature/Options
Step 4:Accounts.
Step 5:Choose ‘Y’ for the Specify “Default Commission / Brokerage” option under the Salesman / Broker configuration tab.
Step 6:Set the Commission / Brokerage configuration as per your requirements.

Where can I define commission percentage for agents/brokers in BUSY?

You can specify different commission percentages for different brokers in three ways:
1. By creating or modifying a salesman/broker/master.
2. By entering the commission percentage in the Party Master or Item Master.
3. By selecting the “As specifed below” option in the Salesman / Broker configuration tab.

What is the process to regularize PDC entries in BUSY?

To regularize PDC entries in BUSY, go to Administration, Miscellaneous Data Entry, and select Regularize PDC. Choose whether you want to view transactions for one bank or for all the banks, enable the checkbox to regularize transactions for PDC, and click the Regularize button.

Where can I enter commission percentages for different brokers?

You can specify different commission percentages for different brokers in three ways:
1. By creating or editing a salesman/broker/master.
2. By entering the commission percentage in the Party Master or Item Master.
3. By selecting the “As specifed below” option in the Salesman / Broker configuration tab.

What are the options for managing customer credit limits in BUSY?How do I correct GSTR B when wrong ITC is claimed due to incorrect accounting entry?

With BUSY, you can manage customer's credit limits by using the Credit Limits under the Accounts Tab.
 You need to correct that voucher which cause the wrong ITC showing in the GSTR3B. You can do the changes in voucher before filing the return.

I want to understand how to do budgeting and variance analysis in BUSY.

for showing the Budgeting Variance Report See the following steps:
Step1 Go to the Display Menu
Step 2: Click on MIS Reports.
Step 3: Select Budget Variance and Select Account
Step4 Click the tab Head Crossing Budget.
Step 5: Select the month and generate a budget variance report.

What is the process to enable bank instrumental details in BUSY?

To enable Bank Instrument details in BUSY, you need to follow these steps:
Step 1: Go to Administration and click on Configuration.
Step 2: Select Features / Options then click on Accounts tab.
Step 3: Tick on the option called Maintain Bank Instrument Details and save.

How do I set up sales incentives and commissions in BUSY?

Salemen wise commission calculation can be done through below steps.
Step 1: Enable feature from Accounts.
Step 2: Create salemen master.
Step 3: Tag that master in party and use in transactions.
Step 4: For checking reports we can go to display
Step 5: Commission calculation
Step 6: Sale/Purchase/Receipt/Payment

What are the options for calculating incentives in BUSY?

Salemen wise commission calculation can be done through below steps.
Step 1: Enable feature from Accounts.
Step 2: Create salemen master.
Step 3: Tag that master in party and use in transactions.
Step 4: For checking reports we can go to display
Step 5: Commission calculation
Step 6: Sale/Purchase/Receipt/Payment

Who can assist me with account reconciliation in BUSY?

To reconcile your accounts, you can use Ledger Reconciliation feature in BUSY and if you want any assistance for this then, you can contact us on our 24X7 helpline number: 8282828282 or 011 40964096. You can also email us your query at support@busy.in.