Difference between revisions of "What is a sales or purchase centre?"
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Sales and Purchase Centres are designed to allow you to analyse invoices and credit notes in more detail than you might want on your management accounts. Management accounts are derived from [[What is a Nominal Code?|nominal codes]]. | Sales and Purchase Centres are designed to allow you to analyse invoices and credit notes in more detail than you might want on your management accounts. Management accounts are derived from [[What is a Nominal Code?|nominal codes]]. | ||
| − | + | {{Example|text=You might want to analyse motor vehicle costs for each vehicle. On your management accounts, it gets unwieldy to see the costs against every vehicle, and a summary nominal code is all that is really needed. You can have purchase centres for each vehicle and analyse the costs in the Purchase Ledger, but have all these Purchase Centres updating one nominal code.}} | |
| − | In many circumstances, you will find that you will need one Sales or Purchase Centre per Nominal Code, since the same level of detail is sufficient for most people. | + | In many circumstances, you will find that you will need one Sales or Purchase Centre per Nominal Code, since the same level of detail is sufficient for most people. |
== See Also == | == See Also == | ||
Revision as of 15:19, 7 October 2013
Summary
This article explains the purpose of Sales and Purchase centres.
More Information
Invoices and Credit Notes from the Sales and Purchase Ledgers cannot be posted directly to nominal codes in Platinum - they have to go through an intermediate stage of analysis which is where the Sales and Purchase Centres come in.
Sales and Purchase Centres are designed to allow you to analyse invoices and credit notes in more detail than you might want on your management accounts. Management accounts are derived from nominal codes.
 | You might want to analyse motor vehicle costs for each vehicle. On your management accounts, it gets unwieldy to see the costs against every vehicle, and a summary nominal code is all that is really needed. You can have purchase centres for each vehicle and analyse the costs in the Purchase Ledger, but have all these Purchase Centres updating one nominal code. |
In many circumstances, you will find that you will need one Sales or Purchase Centre per Nominal Code, since the same level of detail is sufficient for most people.
See Also
- How do I Find a Cost Centre?
- How do I Create a Sales or Purchase Centre?
- How do I Print a List of Purchase Centres?
- How do I Print a List of Sales Centres?
- Posting Purchase Invoices
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