nominal ledger accounts

Hi all. I need help. In a few days I have a software exam( sage one) and I'm little scared. I'm always stuck on the nominal ledger, is there any quick way to check which ones we already have and which we need to create. Here I waste the most time, which I lack to makes reports. Any suggestion will help

Answers

  • dcmcguren
    dcmcguren Registered, FMAAT, AAT Licensed Accountant Posts: 7
    In sage one, you should be able to type the name of the nominal code rather than the number and/or there will be a drop down for you to look through. Most nominal code structures are similar across softwares so it is about finding the one that best fits the expenditure you have and posting it to there. Sometimes there are 2 or more available codes that fit the expenditure and it is all about your judgement
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