How To: Create a Sales Nominal Account for Level 2 Stock Types

Creating a sales nominal and mapping it against Level 2 Stock Types allows users to report on the sales of that stock type. There are two stages involved:
  1. Creating the sales nominal.
  2. Mapping the sales nominal against the Level 2 Stock Type.

See Sales Nominal Hierarchy for the sales nominal hierarchy.

Notes:

  • The system will warn the user when saving a new entry if a duplicate nominal code has been created. The user can acknowledge the warning and continue or change the code used before saving again.
  • If the option Post header totals only (Sales) is enabled in [ System Values | Accounts | General | General ] then manufacturer / stock type / stock item nominal mappings cannot be used.
  • You cannot have duplicate nominal codes.
    Note : If you have duplicate nominal codes before upgrading to a version that does not allow duplicate codes, if you go into edit mode and try to save then a warning will appear and you will not be able to save.

Create the Sales Nominal

  1. Open an Accounts screen (show me how).
  2. Open the [ Accounts | Nominal Accounts | Nominal Accounts ] tab.
  3. Press Alt+E or click the green triangle icon is the buttonbar's EDIT button to enter edit mode.
  4. Press F3 or click the NEW ITEM button has an icon that shows two sheets of paper (identified by having the top right corner folded down), arranged diagonally on the icon from top left to bottom right to add a new item.
  5. Enter the following information:
    1. Code: enter the Nominal Code.
    2. Description: for example Cycle Tyres.
    3. System Type: Sale
    4. Account Type: Stock Type
  6. Press Ctrl+S or click the disk icon is the button bar's SAVE button to save changes

Mapping the sales nominal against the Level 2 Stock Type

  1. Open a System Data screen (show me how).
  2. Double-Click on Level 2: Types to open.
  3. Press Alt+E or click the green triangle icon is the buttonbar's EDIT button to enter edit mode.
  4. Set the Sale Nominal: to the new nominal, in this example Cycle Tyres.
  5. Press Ctrl+S or click the disk icon is the button bar's SAVE button to save.

Note: you can update more than one Level 2: Type and link it to the same sales nominal by:

  1. Green selecting the stock types you wish to update.
  2. Focus in the Sales Nominal column on a freen line.
  3. Right-click and from the context menu select Apply Value Range.

See Also


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