Difference between revisions of "How do I create a nominal group?"
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You can group {{NL}} codes together to allow several nominal codes to be totalled. | You can group {{NL}} codes together to allow several nominal codes to be totalled. | ||
| − | {{Example|text= | + | {{Example|text=Nominal Codes may need to be grouped together for composite reporting.}} |
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| + | {{Example|text=Sub-Totals can be obtained for groups of Nominal Codes e.g to obtain a subtotal for Land & Buildings Codes within the Fixed Asset Total on the Balance Sheet.}} | ||
This is a two stage process and this article explains the first step - creating the code for the {{NL}} group. See [[How do I Apply a Nominal Group to a Nominal Centre?|here]] for Step 2. | This is a two stage process and this article explains the first step - creating the code for the {{NL}} group. See [[How do I Apply a Nominal Group to a Nominal Centre?|here]] for Step 2. | ||
Revision as of 12:57, 1 August 2017
Summary
You can group Nominal Ledger codes together to allow several nominal codes to be totalled.
 | Nominal Codes may need to be grouped together for composite reporting. |
| Sub-Totals can be obtained for groups of Nominal Codes e.g to obtain a subtotal for Land & Buildings Codes within the Fixed Asset Total on the Balance Sheet. |
This is a two stage process and this article explains the first step - creating the code for the Nominal Ledger group. See here for Step 2.
More Information
Go to " Systems\Accounts Nominal Ledger Maintenance Options Centre Maintenance Group Amendments".
- Enter a code for the required group and press <Enter>. For example, if you want to group your administration overheads, enter 'AD' as your group code.
- Enter a description for the group. The description is limited in length, so you may have to abbreviate this, so for the code above you would enter a description of 'Admin Costs'.
- Press [Esc] and [Accept] to save the created group.
See also
- What is a Nominal Code?
- How do I Apply a Nominal Group to a Nominal Centre?
- How do I Print a List of Nominal Centres?
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