How do I create a nominal group?

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Summary

You can group Nominal Ledger codes together to allow several nominal codes to be totalled.

Nominal Codes may need to be grouped together for composite reporting.
Sub-Totals can be obtained for groups of Nominal Codes e.g to obtain a subtotal for Land & Buildings Codes within the Fixed Asset Total on the Balance Sheet.

This is a two stage process and this article explains the first step - creating the code for the Nominal Ledger group. See here for Step 2.

More Information

Go to " Reports & Settings Maintenance Options System Administrator Module Settings Nominal Ledger Add or Edit Nominal Groups".

  • Choose [Add].
  • Enter a code for the required group and press <Enter>. For example, if you want to group your administration overheads, enter 'AD' as your group code.
  • Enter a description for the group. The description is limited in length, so you may have to abbreviate this, so for the code above you would enter a description of 'Admin Costs'.
  • Press [Done] and [Accept] to save the created group.

See also


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Keywords AND Misspellings
Nominal, group, create
Tags

GR53