Difference between revisions of "Updating the Nominal Straight Away"
From Catalyst
m (→Nominal Update) |
|||
| Line 1: | Line 1: | ||
== Nominal Update == | == Nominal Update == | ||
| − | There are 3 possible ways to update the nominal. Both {{DataValue|Condensed}} and {{DataValue|Expanded}} have to started by the user - so the nominal (Profit & Loss, Balance Sheet etc) will not contain the Sales and Purchase figures. The third method is {{DataValue|Straight Away}} which updates the nominal with the Sales and Purchase values at the time of the Sales or Purchase Transaction. | + | There are 3 possible ways to update the nominal. Both {{DataValue|Condensed}} and {{DataValue|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 {{DataValue|Straight Away}} which updates the nominal with the Sales and Purchase values at the time of the Sales or Purchase Transaction. |
| − | {{warning|Make sure you are '''fully aware''' of the implications of changing this before you do.}} | + | {{warning|text=Make sure you are '''fully aware''' of the implications of changing this before you do.}} |
* {{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. | ||
Revision as of 15:56, 13 March 2008
Nominal Update
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.
 | Make sure you are fully aware of the implications of changing this before you do. |
- 'Expanded' and 'Straight Away' produce the same results, each Sales and Purchase transaction is broken down into individual nominal journals.
- 'Straight Away' is the software default.
- '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.
Method
Go to "Reports & Parameters" -> "Maintenance Options" -> "System Administrator" -> "System Parameters" -> "Page 1"
- Change "Nominal Update Style" to 'S'.
- Pressing <Esc> will save any changes.
