Default Nominal Structure

The nominal structure can be configured as you wish, but our nominal reports have been written for the following structure.

Balance Sheet

Description			Code	Type	Analysis	Swap Sign
Fixed Assets			0	H	3
	Property		01	H
		Leasehold Property	0110	B
		Leasehold Property Depreciation	0120	B
Current Assets			1	H	3
	Stock		10	H
		Stationery Stock	1000	B
		Furniture Stock	1010	B
Current Liabilities			2	H	3	Swap sign
	Creditors		21	H
		Creditors' Control Account	2100	C
		Other Creditors	2120	C
Long Term Liabilities			3	H	3	Swap sign
	Hire Purchase		30	H
		Computer HP Liability	3000	B
		Vans HP Liability	3010	B
Financed by			4	H	4	Swap sign
	Share Capital		40	H
		Share Capital "A" Shares	4000	B
		Share Capital "B" Shares	4010	B

Profit & Loss

Description			Code	Type	Analysis	Swap Sign
Sales			5	H	1	Swap sign
	Office Products		50	H
		Stationery Sales	5000	A
		Discounts	5800	A
Cost of Sales			6	H	1
	Office Products		60	H
		Stationery Purchases	6000	A
		Furniture Purchases	6010	A
Overheads			7	H	2
	Wages and Salaries		70	H
		Gross Wages	7000	A

See Also