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New Financial Year in BUSY: Create It and Carry Balances Forward
BUSY में नया वित्तीय वर्ष बनाना और ओपनिंग बैलेंस आगे ले जाना
Create a new financial year in BUSY, carry forward party and stock balances, start a blank year, and fix opening balances that did not update. Steps from BUSY's own help.
In BUSY a new financial year is created from the old one, and closing balances become the new opening balances. Take a backup first (Company > Backup Data).
Create the new year with balances
Open the company
Log in as the super user in the last year.
Administration > Change Financial Year
Pick the next year. When asked to carry forward balances, choose Yes.
Start
When the success message comes, click OK to move into the new year.
Other cases
| You want | Do this |
|---|---|
| New year without item (stock) balances | Administration > Create new financial year, tick Do not carry item balances, Start |
| A blank new year | Administration > Change F.Y., pick the new year and tick Create New Year Only (Don't Carry Balances) |
| Already carried, now want it blank | Company > Split Financial Year, then remove opening balances (Bulk Updations for many masters) |
| Balances changed in the old year after carrying | F11 to the old year, Housekeeping > Update Master Balances, then Administration > Change Financial Year, carry New & Changed Masters |
| Opening stock not updated | In the old year check closing stock and re-save the stock account, then carry again with New & Changed Masters |
Menu names from BUSY's help on busy.in; they can differ slightly by version.
Before you close the old year
- Match party balances with their statements: BharatDarpan compares your ledger with the party's PDF or Excel bill by bill
- Charge interest on late payments with BharatLaxmi
- Check GSTR-1, 3B and 2B against books with Bharat GST Champ
- See item-wise profit for the year in Bharat Lekha Jokha
Updated 2026-10-27 · Bharat Busy Care, Authorised BUSY Platinum Partner, Sri Ganganagar
FAQ
How do I create a new financial year in BUSY?
Take a backup, open the company as super user, go to Administration > Change Financial Year, pick the next year, choose Yes to carry forward balances and click Start.
Opening balances are wrong in the new year. How do I fix them?
Press F11 to go to the old year, run Housekeeping > Update Master Balances, then Administration > Change Financial Year and carry New & Changed Masters again.
Can I start a new year without stock balances?
Yes. Tick Do not carry item balances while creating the new financial year.
Do I need a new BUSY licence for a new financial year?
No. The financial year is part of your company data; the licence or BLS renewal is separate.
Talk to a BUSY expert
Call or message us; we answer in Hindi or English.