How do I create a nominal code?

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].

Feedback

Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'

Keywords AND Misspellings

Reconcile, Nominal, Centre