Discover what a Purchase Nominal Update is.
Purchase Nominal Update is the final step in the process before the record entries make their way to your accounts package. If you haven't done so already, check out the articles below.
Getting There
To get to the module:
Click in the Finance menu and select Purchase Nominal Update.
Send To Accounts
Anything you've processed as a purchase invoice or raised a purchase credit for will appear on this screen.
Nominal codes and related details are pulled from the purchase analysis code on the Stock record. This includes the amount being posted. As the finance team, whether you do this daily, weekly, or monthly is up to you.
Select the records you want to send to accounts via the check box.
Expand the nested grid and click the edit icon to change the Nominal or VAT codes.
For historical reference, use the View History section to review everything you've posted previously.
Click Sent To Accounts. That’s the final step. It pushes everything into the accounts package.
You have successfully sent your items to an accounts package.