How do I create a nominal code?
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Sumamry
The following explains how you setup a new Nominal Centre within Platinum.
More Information
Get into "Nominal Ledger" -> "Maintenance Options" -> "Centre Maintenance" -> "Insert/Amend/Delete Centres"
- First of all, perform a search to check that the code you wish to create does not already exist.
- Locate a suitable section within your Nominal Structure for your new code.
- Click <Add>
- In the Code Box, type in the new Nominal Code you require and press <Enter>
- Type in a suitable description.
- Choose whether the code is a Balance Sheet or Profit & Loss Centre and indicate the relevant flag as necessary.
- If this centre is to be reconciled (eg, it's a bank account or any other centre that needs to be reconciled through the Bank Reconciliation) then place a tick in the "Reconciled?" box.
- Choose <Done> and <Accept>