Difference between revisions of "Updating the Nominal Straight Away"

From Catalyst
Jump to: navigation, search
m (Nominal Update)
(Bulk update)
 
(13 intermediate revisions by 3 users not shown)
Line 1: Line 1:
== Nominal Update ==
+
== Summary ==
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.
+
This article explains how to set your Platinum to update the {{NL}} straight away.
  
{{warning|text=Make sure you are '''fully aware''' of the implications of changing this before you do.}}
+
{{Warning|text=This option should be used with caution.}}
 +
 
 +
== More Information ==
 +
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.
 +
 
 +
Changing from {{DataValue|Condensed}} and {{DataValue|Expanded}} updates to {{DataValue|Straight Away}}.
 +
 
 +
{{warning|text=Make sure you are '''FULLY AWARE''' of the implications of changing this before you do. If you are in any way unsure please {{SupportContact}}.
  
 
* {{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.
** {{DataValue|Straight Away}} is the software default.
+
** {{DataValue|Expanded}} is the software default.
 
* {{DataValue|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.
 
* {{DataValue|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.
 +
}}
 +
Go to {{PlatinumSettings}}.
 +
* Change {{DataPrompt|Nominal Update Style}} to {{DataValue|S}}.
 +
* Pressing {{KeyPress|ESC}} will save any changes.
  
== Method ==
+
== See also ==
Go to "Reports & Parameters" -> "Maintenance Options" -> "System Administrator" -> "System Parameters" -> "Page 1"
+
* [[Posting cashbook entries]]
* Change {{DataPrompt|Nominal Update Style}} to {{DataValue|S}}.
+
* [[Posting journals]]
* Pressing {{KeyPress|Escape}} will save any changes.
+
* [[The banking journal]]
  
{{KB_Tags|updating nominal ledger}}{{KB_NL}}
+
{{KB_Tags|updating, nominal ledger, nominal, ledger, straight away, straight, away}}
 +
{{KB_NL}}{{ZN_Accounts}}{{ZN_Admin}}

Latest revision as of 11:29, 17 April 2019

Summary

This article explains how to set your Platinum to update the Nominal Ledger straight away.

This option should be used with caution.

More Information

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.

Changing from 'Condensed' and 'Expanded' updates to 'Straight Away'.

Make sure you are FULLY AWARE of the implications of changing this before you do. If you are in any way unsure please Contact your Platinum dealer or our support team on 0116 230 1500 or by using our website support contact page.
  • 'Expanded' and 'Straight Away' produce the same results, each Sales and Purchase transaction is broken down into individual nominal journals.
    • 'Expanded' 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.

Go to " Reports & Settings Maintenance Options System Administrator Platinum Settings".

  • Change "Nominal Update Style" to 'S'.
  • Pressing <Esc> will save any changes.

See also


Feedback
Thank you for using our Knowledge Base, we value your feedback. Did you find this article useful? 'Yes' or 'No'
Keywords AND Misspellings
updating, nominal ledger, nominal, ledger, straight away, straight, away