Difference between revisions of "What is a nominal code?"

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(New page: == Summary == This article explains the purpose of nominal codes. == More Information == Nominal Codes make up the detail of your Nominal Ledger. The purpose of your Nominal Ledger is to ...)
 
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== Summary ==
 
== Summary ==
This article explains the purpose of nominal codes.
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This article explains the purpose of {{NL}} codes.
  
 
== More Information ==
 
== More Information ==
Nominal Codes make up the detail of your Nominal Ledger. The purpose of your Nominal Ledger is to provide you with management accounts to control your business and plot your way forward.
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{{NL}} Codes make up the detail of your {{NL}}. The purpose of your {{NL}} is to provide you with management accounts to control your business and plot your way forward.
  
Your management accounts are made up of the Balance Sheet and the Profit & Loss, and the Nominal Codes are the constituents of these reports.  
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Your management accounts are made up of the Balance Sheet and the Profit & Loss, and the Nominal Codes are the constituents of these reports.
  
Examples include : Bank Account, Debtors, Creditors, Sales, Purchases, Rent, Wages.
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{{Example|text=Bank Account, Debtors, Creditors, Sales, Purchases, Rent, Wages.}}
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== See also ==
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* [[How do I create a nominal code?]]
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* [[How do I set a nominal centre to be reconciled?]]
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* [[How do I print a list of nominal centres?]]
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{{KB_Tags|cost centre, nominal code, centre, search}}
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{{FAQ}}{{KB_NL}}{{ZN_Accounts}}{{ZN_Admin}}
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{{KB_Ref|GR53}}

Latest revision as of 11:29, 17 April 2019

Summary

This article explains the purpose of Nominal Ledger codes.

More Information

Nominal Ledger Codes make up the detail of your Nominal Ledger. The purpose of your Nominal Ledger is to provide you with management accounts to control your business and plot your way forward.

Your management accounts are made up of the Balance Sheet and the Profit & Loss, and the Nominal Codes are the constituents of these reports.

Bank Account, Debtors, Creditors, Sales, Purchases, Rent, Wages.

See also


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Keywords AND Misspellings
cost centre, nominal code, centre, search
Tags

GR53