Frequently Asked
Questions
Find Solutions to Common Issues Related to final-results - profit and loss account
Why is the sales data in the report not matching the PL sales data
No Matching of Sales Data in PL with Sales Data can be of Numberous reason in BUSY.
Reason can be.
1. Wrong Configuration of Sales Ledger
2. Wroung Posting of Sales Voucher
etc
Is it possible to compare sales data between different time periods, like current year versus last year?New
Yes, BUSY has various report options to compare your sales data with last year. Some of the reports are: Montly Summary, Profit & Loss, Trial Balance, etc.
I am seeing an issue with an entry in the P&L. The impact does not look correct. Why is that?
If facing issue with an entry in P&l please check :
Step 1 : Check account name and account amount specified.
Step 2 : Check the adjustment made.
Why some entries is showing in P& L instead of IGST?
Entries is showing in P&L account due to account group. The account is tag under Indirect Expense account which is reflected debit site of P&L a/c
Can you check if my transaction/task went through properly?
To check if your transactions are correct you can view your vouchers list and financial reports in BUSY such as Profit & Loss, Balance Sheet, etc.
Why am I unable to view my GST Detail in P&L in BUSY? What settings do I need to change?
In BUSY by default all Gst related data show in p&l according to account tagging you have no need to change any setting.
How can I check the profit/loss statement in BUSY?
To check profit and loss statement in BUSY:
Step 1 : CLick on display
Step 2 : Final results
Step 3 : Profit and loss account
Why am I unable to generate financial statements in BUSY?
If you unable to view the financial statements in BUSY then make sure you have user right to view the report.
How do I check profit and loss monthly.
Can check profit and loss monthly by display - final result - profit and loss - monthly profit and loss summary.
Where can I find reports for sales, expenses, P&L statements etc. in BUSY?
In Display menu you can find the reports such as Sales, Profit & Loss Statement, Expenses and more in BUSY.