Difference between revisions of "Updating the Nominal Straight Away"
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* {{DataValue|Expanded}} and {{DataValue|Straight Away}} produce the same results, each Sales and Purchase transaction is broken down into individual nominal journals. | * {{DataValue|Expanded}} and {{DataValue|Straight Away}} produce the same results, each Sales and Purchase transaction is broken down into individual nominal journals. | ||
− | ** {{DataValue| | + | ** {{DataValue|Expanded}} is the software default. |
* {{DataValue|Condensed}} will combine all the nominal journals together into one single posting. This method is '''NOT''' advised for the average set up as it makes any errors in the journal almost impossible to find and nothing is fully audited. | * {{DataValue|Condensed}} will combine all the nominal journals together into one single posting. This method is '''NOT''' advised for the average set up as it makes any errors in the journal almost impossible to find and nothing is fully audited. | ||
}} | }} |
Revision as of 14:22, 20 June 2011
Summary
There are 3 possible ways to update the nominal. Both 'Condensed' and 'Expanded' have to be started by the user - so the nominal (Profit & Loss, Balance Sheet etc) will not contain the Sales and Purchase figures until the update has been made to happen manually. The third method is 'Straight Away' which updates the nominal with the Sales and Purchase values at the time of the Sales or Purchase Transaction.
More Information
Changing from 'Condensed' and 'Expanded' updates to 'Straight Away'.
Make sure you are fully aware of the implications of changing this before you do.
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Go to "Reports & Parameters" -> "Maintenance Options" -> "System Administrator" -> "System Parameters" -> "Page 1".
- Change "Nominal Update Style" to 'S'.
- Pressing <Esc> will save any changes.