Frequently Asked
Questions
Find Solutions to Common Issues Related to inventory-reports - stock status
Why is the value of our entire stock getting a little difference?
The value of stock is depend on the stock valuation method and transactions you have feed. So if getting a little difference in stock value then you need to check the relevant item's entries and the stock valuation method.
Why is the closing stock the same as the opening stock?
If the closing stock is the same as the opening stock then it represents the value of unsold goods at the end of the accounting period, which is carried forward as the opening stock for the next period.
How can I view stock based report in BUSY?
To view stock based report in BUSY, follow these steps:
Step 1: Go to display and then click on stock status.
Step 2: Now choose report closing stock alphabetical, detailed or balances only as needed.
Step 3: And check stock report.
How to view stock details in BUSY?
In the Software multiple reports are available, follow the steps for reports :
Step1-
Go to Display
Step2- There is three section for the report Stock report
(a) Stock status - multiple reports
(b) Inventory Books
(c) Inventory Summary
Why is an item not visible in the stock despite being shown in the sale entry?
If the item is not visible in the stock report then item might be exist with zero stock. To check the zero stock item in stock status, open the report after enable show zero stock balance option.
How can I find the closing balance of a specific item/material in BUSY?
You can check the item closing balance from the below report.
Step 1: Click on Display
Step 2: Then Stock Status
Step 3: Then Closing stock alphabatical
Step 4: Then select the balanc only and item
How are cost prices calculated in BUSY
The cost prices are calculated based on the stock valuation method that you choose for your business. Stock valuation methods available in BUSY are Weighted Average, FIFO, LIFO, etc.
Some Direct expenses also affect the cost price.
Where can I view the conversion factor history if it changes over time?
There is no seperate report for checking with conversion factor. But we can check it by adding custom column in inventory report of Conversion Factor if it has been change multiple times in vouchers.
How can I view the stock report in a company?
To view the stock report in a company follow below steps:
Step 1: Go to display option then select stock status option.
Step 2: Then click on closing stock alphabetical option then select balance only report.
What inventory reports are available in BUSY?
Under Display Menu, Can check the Inventory Reports with multiple filteration Option.
Pls Follow the Below Steps :
Step 1: Display Menu
Step 2: Stock Status
Step 2: Inventory Books
Step 3: Inventory Summary
Step 4: Sales and Purchase Analysis