How do I handle inventory management in BUSY?How do I process payroll in BUSY?
BUSY provides various features to handel your inventory, to access them follow these steps:
Step 1: Open your company, then, go to the Administration tab and click on configuration.
Step 2: Select Inventory tab, here you will see multiple feature that can manage your inventory as per your business need.
Step 3: You can enable or disable various inventory features such as Manufacturing Features, Alternate Unit of items, Batch-wise Details, Serial No.-wise Details, Parameterized Details, etc.
Step 4: You can set stock valuation method to calculate the value of your stock.
Step 5: You can select the features that suit your needs and set them up accordingly. You can also refer to the documents and video tutorials for each feature to learn more about them.
Step 6: After configure all the feature you can generate sale purchase enteries and track your inventory.
With BUSY Enterprise edition, you can configure Payroll and manage employee and their salaries. To configure this, follow these steps:
Step 1: Go to Administration and click on configuration.
Step 2: Select Features / Options and click on Enterprises Features.
Step 3: Here, you will a feature called Enable Payroll, set Y on that to turn it on.
Step 4: Click on configuration and can enable the salary mode(s) such as Monthly Salary, Daily Wages and Production as per the requirements.
Step 5: You can also configure for deductions such as TDS, Professional Tax, PF and ESI as needed and save.
Step 6: Next, you need to create employee from Masters under the Administration menu.
Step 7: Click on Add and enter all the necessary details such as Name, Group, Date of joining, etc.
Step 8: You have to set Salary structure and mention salary components such as Basic, HRA, PF, etc.
Step 9: For TDS deductions you need to click on TDS Details tab and need to mention deduction details and save.
Further you can go through our video and help documents for more clarification.