Nominal integration

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Revision as of 15:17, 21 March 2017 by Katy Kitchen (talk | contribs) (Stock Movements)
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Summary

Nominal Integration allows your system to account for movements of stock and vehicles in real time. This article contains flowcharts to explain the movements that take place.

More Information

The Stock Control and Unit Sales modules each have the facility for Automatic Cost of Sales. The movement of Parts through Workshop and Order Processing can also benefit from these settings.

If you have enabled the Automatic Cost of Sales features the system will account for movements of stock and vehicles via journals posted in the Nominal Ledger. The PDF files attached to this article are designed to guide you through the standard processes that occur.

If you have specific queries regarding your system setup please Contact your Platinum dealer or our support team on 0116 230 1500 or by using our website support contact page for further assistance.

Please DO NOT enable Automatic Cost of Sales without consulting our Support team for advice. There are a variety of parameters and settings to check and enable to ensure the system runs smoothly.

Stock Movements

As and when a stock movement takes place, the system will update your Stock Value, Stock Accruals, Work in Progress and Cost of Sales Nominal Centres. All postings are made at cost and are posted on today's date.

Please click here here to download a zip file containing some useful flowcharts. They are designed to explaining the movement of stock and the accounts postings that occur under our standard setup.

Vehicle Movements

As and when a Vehicle Purchase or Sale takes place, the system will update your Vehicle Stock Value, Vehicle Accruals and Cost of Sales Nominal Centres. All postings are made at cost and are posted on today's date.

Please click here here to view flowcharts explaining the movement of Vehicle Stock and the accounts postings that occur.

See Also


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Keywords AND Misspellings
nominal integration, cost of sales, automatic cost of sales, cos, auto cos, flowchart, accruals, stock value, adjustment, Month End, Integration, Inter, Nominal