How do I create a nominal code?

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Summary

The following article explains how to set-up a new Nominal Centre.

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 (e.g., 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].

See Also


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Keywords AND Misspellings
Reconcile, Nominal, Centre