Use this window to set up new nominal codes or view existing nominal code parameters.
There are two tabbed pages to set parameters for the nominal code which are described below.
Tick this box if this is a Balance Sheet item.
Profit & Loss
Tick this box if this is a Profit & Loss Item.
Tick this box if manual postings to this nominal are allowed.
Cash Postings Allowed
Tick this box if cash posting to this nominal are allowed.
Tick this box if you wish to enter bank account details for the selected nominal code.
This option will only be available if the nominal has the ‘balance sheet’ and ‘cash postings allowed’ boxes checked. If these boxes are not ticked the bank details tab will be disabled.
Nominal Level Code
Enter or search for the nominal level code. For more information see Nominal Levels.
Tick this box if you wish to make summary details available for the nominal code i.e when doing a nominal enquiry, nominal code will be broken down. For more information see Nominal Enquiry
Note: This is only possible if the nominal code is to be used on a Profit & Loss account.
2. Bank Details
This tab is disabled unless the nominal has the ‘balance sheet’ and ‘cash postings allowed’ boxes checked. Enter the following details for the bank related to this nominal code.
When all the details have been entered, click on the green tick button to save.