Unit 6

Transactions

The main objective of this unit is to help User in entering day-to-day entries of his business in BUSY. Once the Masters have been created and configured the next step in an accounting software is to record the transactions. Transactions are day-to-day entries and have a great deal of activity in them. Transaction entries require frequent posting of records and need regular insertion and updation. Entering transactions means recording of transactions in vouchers such as Sales / Purchase, Payment / Receipt and so on. BUSY classifies various transactions according to their type and provides various vouchers to make your work easier. For example, if you have made a sale of goods then you can record this transaction in Sales voucher, similarly if you have received a payment from the party then you can record this transaction in a Receipt voucher and so on.

Topics covered under this unit:

Ø Voucher Numbering

Ø Entering Vouchers

Ø Configuring Vouchers