Nominal Ledger
The nominal is updated automatically (in real-time) by every other module in your system, ensuring that up to the minute management information is always available. Two years' accounts can be kept open at any one time, without losing any of the controls of a period-based system, including a proper auditable cut-off. You can drill-down from any nominal account to display double entry details, allocation history and source documents for every transaction.
Your nominal also provides comprehensive journal and budgeting facilities. Reversing journals cater for accruals and pre-payments, while recurring journals handle all your direct debits and standing orders. Journals can be automatically profiled across any number of nominal accounts, on a percentage basis. In-built budget facilities are complemented by Microsoft Office Integration: use all the functionality of Excel to create, adjust and store an unlimited number of budgets for each of your customers, suppliers and nominal accounts.
