Nominal settings

(Estimating, Works Orders)

Note: The View Nominal Settings option allows you to view the settings but not amend them.

If Stock Control is set up to integrate with the Nominal Ledger The Nominal ledger is updated by most of the transactions posted in all ledgers. It is the core of the accounting process. The balances on all of the nominal accounts are used to create the Trial Balance and therefore, the Profit and Loss and the Balance Sheet financial statements., you can select codes for nominal postings.

Note: Default nominal codes for labour, machine, tools and overheads for those resources are selected in Cost Headings.

To select nominal settings

Open: Manufacturing System Manager > Settings > Nominal Settings.

1. Select nominal codes for the required categories.
2. To make one posting per sub-assembly When raw materials or components make a part of a finished product. The sub-assembly may be combined with other components or with other sub-assemblies in the manufacture of finished goods., select the Summarise nominal postings when closing Works Orders check box.
3. To save your settings, click OK.