Everything you need to know about Nominal Accounts
All information you need on your nominal accounts
10 articles
- The Nominal Accounts screenAn overview of the Nominal Accounts screen in the Financials module, covering how to navigate, search, filter, and access nominal account records and related actions.
- Create a nominal accountA step-by-step guide to creating a new nominal account, including an overview of the Details, Settings, and Custom tabs.
- Populate the Details Tab for a nominal account recordA guide to completing the Details tab when creating or editing a nominal account record, covering the Summary and Category sections.
- Populate the Settings tab for a nominal account recordA guide to completing the Settings tab for a nominal account record, covering reporting codes, P&L year end codes, inactive status, and budget settings.
- Populate the Custom tab for a nominal account recordA guide to capturing additional information on a nominal account record using the four custom field groups available on the Custom tab.
- Search for a nominal accountA guide to the different ways to search for nominal account records, covering column filters, the quick search field, and the Advanced Filter panel.
- Edit a nominal accountA guide to editing an existing nominal account by accessing it via the Nominal Code or Account Name hyperlink and updating the relevant fields.
- Delete nominal accountsA guide to deleting nominal accounts, including the conditions and restrictions that must be met before a nominal account can be removed.
- Set a nominal account to be inactiveA guide to setting a nominal account as inactive, including the conditions that must be met before an account can be deactivated.
- Major Headings explainedAn overview of major headings in the Financials module, explaining how they classify nominal accounts as either Profit and Loss or Balance Sheet types and their role in financial reporting.