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Nominal Ledger
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- Setting up of Nominal Cost Elements & Cost Centres.
- Setting up of Nominal Accounts with period budgetary figures.
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Facilities
to enter direct nominal postings, such as: |
- Bank Payments & Receipts
- Cash Payments & Receipts
- Journal Entries
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These direct
postings update the "Audit Trail" as do sales invoices, receipts etc., and purchase
invoices, payments etc., and other transactions posted via the sales and purchase
ledger. |
Sales transactions
from Taurus will automatically activate certain nominal accounts, e.g:
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- Sales Ledger Control A/C
- VAT Account
- Commission A/C
- Sales Analysis Account(s)
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And Nominal
Reports such as: |
- Print/Display Trial Balance
- Print/Display Nominal A/C Transactions
- Print/Display Control A/C Transactions
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