Frequently Asked
Questions

Find Solutions to Common Issues Related to final-results - balance sheet

FAQs

I need to create financial statements like balance sheet for the full year. However, my company got GST registration only in January How can I include the unregistered purchases from last year in my full year balance sheet?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

I want to generate financial statements in BUSY but the option is greyed out. What could be the reason and how can I generate the statements?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system

Why am I unable to generate certain reports like profit/loss statements in BUSY? What is needed to configure and enable these reports?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

I am unable to generate financial statements for the full financial year in BUSY because of unregistered transactions. What should I do?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

Reports or financial statements created in the software have errors. What could cause this and how can I generate accurate reports?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

Why am I unable to generate financial statements for previous years in BUSY? It only shows me the current year.

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

I need to generate financial statements like profit/loss and balance sheet. Where can I find these reports?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

Why am I unable to generate certain reports in BUSY like profit/loss statements?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.

How do I customize financial statements in BUSY to display specific groups?

We can customize the financial statements in BUSY to display specific groups.
 Pls Follow the Below Steps :
 Step 1: Administration
 Step 2: Configuration 
 Step 3: Final Result Configurations
 Step 4: Select it then create format
 Step 5: Configure it as per your need
 Step 6: Display Menu
 Step 7: Final Results
 Step 8: Balance Sheet- Vertical Configurable

Why can't I generate financial reports and statements from BUSY?

To generate financial statements in BUSY, Please follow the steps : Step 1: Open BUSY.
 Step 2: Find the Display section.
 Step 3: Choose the financial statement you need, like a profit and loss report or a balance sheet.
 Step 4: Click on it.
 Step 5: The software will make the report using the information you put into the system.