You can use the Nominal Ledger window to customise Sage Accounts to make management reports and transactions more relevant to your company, so even though the software is designed to suit a wide audience, you can tailor it specifically for your business needs. It's also a great place to see information about the transactions affecting specific nominal codes.
To access the Nominal Ledger window, browse to Company > Nominal Ledger.
Within the Nominal Ledger window you can access the Chart of Accounts, amend nominal codes and post journals.
New Nominal |
Use to create a new nominal record using the New Nominal wizard. |
Nominal Record |
Opens a blank nominal record, where you can:
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Activity |
You can use this to view the transaction history on a nominal record. |
Journal Entry |
Move balances between nominal records. Find out more |
Journal Reversal |
You can use this to correct journals that have been made in error. Find out more |
Prepayments |
Set up transactions that will adjust your accounts for payments or invoices that you have paid in advance. Find out more |
Accruals |
Set up transactions that will adjust your accounts for any payments or invoices which you pay in arrears.Find out more |
Chart of Accounts - menu option |
Opens the Chart of Accounts window. |
Reports |
Opens the report browser for the nominal ledger. |
Chart of Accounts - drop-down list |
The Chart of Accounts structure currently applied to the Nominal Ledger window. |
Display |
The time period you want to view your nominal activity over. |
Cumulative/Month only |
This option is only active if you select any of the months 1 to 12 in the Display box.
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Variance |
Compare the displayed financial activities to:
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Layout |
Controls how your nominal accounts appear.
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