Tutor HuntResources Book Keeping Resources

Sage Line 50 -introduction 2

Nominal Ledger Coding and Customer Details

Date : 23/01/2015

Author Information

Tomisin Rita

Uploaded by : Tomisin Rita
Uploaded on : 23/01/2015
Subject : Book Keeping

SETTING UP NOMINAL CODE

Nominal ledger codes provide the details of nominal ledger transactions. All transactions entered on to the system must appear on the nominal ledger. Nominal account could be used as an audit trail. It is a way of creating management accounting for management purposes and means of controlling business activities.

Let us create some nominal coding

. On the Modules Menu click Nominal Ledger . Click Record . In the Colum N/C - type in 4000 . In theColumn Name - type in Services 102 . Click Save . Again still on the Nominal Ledger, Click Record . In Column N/C - type 4001 . In the Column Name - type Service 101 . Again Click Save

Now Let us Set up Customer Details, by doing so we are invariably setting up our sales ledger control account.

SETTING UP CUSTOMER ACCOUNT

. In the Module Menu click Customer . Customer Window Bar appears . Click Change View . Click Customer . Click New . Click next and customer information appears . In the Name Column - type in APL Group . Click Next and In the Street 1 Type in - Unit 2, 182 London Street . Town - London , Post Code - E12, Telephone No - 020 8986 0045 . Click Next, e-mail - becontreehire@ac.co.uk . Click Next Here we can apply discount where applicable and change the nominal code where necessary and tax as appropriate.

. Click Next and enter the Settlement day etc . Click Next, Next and enter the Bank Details and Next To Finish

This resource was uploaded by: Tomisin Rita

Other articles by this author