Bhoria, Eyyunni and Maji recently obtained a four-parameter q-series identity which gives as special cases not only all five entries of Ramanujan on pages 354 and 355 of his second notebook but also allows them to obtain an analytical proof of a result of Bressoud and Subbarao. Here, we obtain a finite analogue of their identity which naturally gives finite analogues of Ramanujan's results. Using one of these finite analogues, we deduce an identity for a finite sum involving a 2 φ 1 . This identity is then applied to obtain a generalization of the generating function version of Andrews' famous identity for the smallest parts function spt(n). The q-series which generalizes ∑ ∞ n=1 spt(n)q n is completely different from S(z, q) considered by Andrews, Garvan and Liang. Further applications of our identity are given. Lastly we generalize a result of Andrews, Chan and Kim which involves the first odd moments of rank and crank.