Modify Nominal

You will want to modify the default nominal structure so that you can report on specific aspects of your business.

Add Nominal

You can add a nominal account below a heading. This can be done from the Tree View or the List.

1. From the Nominal menu, click Nominal Ledger.
2. Click the Tree View tab or the List tab. This is a display option – the functionality is the same.
3. Click a nominal heading. Nominal headings are type H. The line will be highlighted.
4. In the toolbar, click Add Nominal, or right-click the heading and click Add Nominal in the context menu. The Nominal window will open.
5. The Heading list will contain the heading that you clicked on. Complete the following boxes:
   • Code – it is recommended that the nominal codes follow the format XYZZ, where:
     • X – level one heading
     • Y – level two heading
     • Z – a unique two digit number to complete the four digit code.
   • ? – the nominal type where:
     • H – Nominal Heading
     • A – Profit and Loss
     • B – Balance Sheet
     • C – Control Account
   • Descr – Description of the nominal heading or category, as you want it appear in the nominal structure and reports.
   • Notes – optional notes.
   • Allowed Trader types –
   • Analysis –
   • Unused –
   • Summary Report –
   • Swap Sign –
6. Click OK. After a nominal has been created, log out of Horizon and back in again before using your nominal.

Modify Nominal

A nominal heading or nominal account can be modified. Follow the steps above, clicking Modify Nominal instead of Add Nominal.

 

See Also