Nominal Ledger Help
This section of the Help includes instructions for the tasks you are most likely to need to do in the Nominal Ledger. If an instruction is missing that you would like adding to the Help file, send an email to feedback@pegasus.co.uk.
There is a separate section of instructions for the Open Period Accounting feature.
Open Period Accounting is an optional feature that allows you to control whether your Nominal Ledger accounting periods are open or closed for new postings. Accounting periods can be kept open as long as necessary but are normally closed once management accounts have been presented for the financial year. If Open Period Accounting is used, each transaction that is posted in the application has a Nominal Ledger transaction date, which determines the accounting period that is posted to and the period name that is displayed at the time of posting. The period that is posted to can be the current Nominal Ledger period, a previous Nominal Ledger period, or a future Nominal Ledger period as long as the period is open. You also do not need to change the application's system date because the Nominal Ledger transaction date determines which period is updated.
Open Period Accounting works with both the Real Time Update method and the batch transfer method of updating the Nominal Ledger.
An option on the Company Profiles form controls whether Open Period Accounting is used.
For instructions to print a report in the Nominal Ledger, see the Help topic for the relevant report. For information of the available reports, see the Reports Help topic.
For instructions to create analysis codes and other maintenance codes, see the Help topic for the relevant command under the Maintenance book.