Nominal Accounts

The nominal ledger, also called the  general ledger brings together all your income, expense, assets, liabilities and equity items.

The nominal ledger enables you to

Add New Nominal Account Code

  1. Go to Accounts > Nominal Ledger > Records > All Nominal
  2. Click the New button
  3. Enter the Full Account Code Number
  4. Enter the Account Name
  5. Select Currency
  6. Tick the Remove code-range restriction option
  7. Select Account Group from the drop-down list.
  8. Click Next to continue
  9. Select Account Class
  10. Select Account Subclass
  11. Click Finish

Classify the Account Code

  1. Go to Accounts > Nominal Ledger > Records > All Nominal
  2. Select the Classify Nominals page
  3. Click the Next button 
  4. Click the Classify button
  5. Click OK

Edit a Nominal Account

  1. To manage nominal account records, go to Accounts > Nominal Ledger > Records > All Nominal
  2. To manage Bank nominal account records, go to Accounts > Nominal Ledger > Records > Banks Only
  3. Click the magnifying glass on the Nominal Code box to select a code from the Lookup window.