Home » Categories » Solutions by Business Process » Finance » Nominal and Cashbook

Multiple Updating - Update From Another Nominal - Nominal

Datafile Software

Multiple Updating - Update From Another Nominal - Nominal

This option assumes that the external nominal transaction file is in exactly the same format as this company’s nominal transactions file, and it also assumes you are only updating data for one period. In operation, the transactions from the other nominal ledger file are simply copied through in full, and the balances updated in this company’s nominal accounts file, with the option to remove records from the import file on completion.

Warning

In use this operation makes no checks that the debit and credit values sum to the same total. It would be possible for you to update from only part-way through a journal, which could result in an unbalanced ledger.

There is only one user-definable option: Suspense account for errors

In case the incoming nominal transaction file has any account codes which do not exist in the present company’s chart of accounts, enter here the nominal account code to post these transactions. You will need to check the printed update report for any postings to this suspense account, and to resolve these with journal transactions.

Note

If you want to update into this company’ a nominal transaction file which differs in format to this company’s nominal transaction file, or you want to allow greater control of the transactions to update then you must use the following option instead — Update From Any Datafile Database File.

Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Receipt and Payment Entry - <F7-Balance> Option
Viewed 1479 times since Wed, Jun 13, 2012
Nom/CB Accounts File – Item Screen Design - Cashbook
Viewed 993 times since Thu, Jun 28, 2012
Delete an Account - Cashbook
Viewed 2243 times since Wed, Jun 27, 2012
Bank Reconciliation – Default Date for New Transactions
Viewed 1140 times since Wed, Jun 13, 2012
Set Application Code Formats - Cashbook
Viewed 1451 times since Thu, Jun 28, 2012
Trial Balance - Nominal
Viewed 1774 times since Wed, Jun 27, 2012
Cash Flow Forecast - Cashbook
Viewed 2047 times since Wed, Jun 27, 2012
System Profiles - Cashbook
Viewed 1460 times since Thu, Jun 28, 2012
Nom/CB Accounts File – Full Screen Design (Premier only) - Cashbook
Viewed 1020 times since Thu, Jun 28, 2012
Select Key Definition - Cashbook
Viewed 1453 times since Thu, Jun 28, 2012