How do I create a nominal group?

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

• What is a Nominal Code?
• How do I Apply a Nominal Group to a Nominal Centre?

Feedback

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

Keywords AND Misspellings

Nominal, group, create

Tags

GR53