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
VAT Form 100 – Extra Items on Transaction Audit Trail
Viewed 19 times since Tue, Oct 22, 2024
Payments with Remittance Advice - Cashbook
Viewed 7080 times since Wed, Jun 27, 2012
Receipt Listing, Payment Listing - Cashbook
Viewed 1364 times since Wed, Jun 27, 2012
Comparatives Report - Nominal
Viewed 1366 times since Wed, Jun 27, 2012
Reports and Analysis - Nominal
Viewed 1405 times since Wed, Jun 27, 2012
View an Account - Cashbook
Viewed 1374 times since Wed, Jun 27, 2012
Nominal Transactions - Nominal
Viewed 1666 times since Thu, Jun 28, 2012
Receipt and Payment Entry - <F7-Balance> Option
Viewed 1355 times since Wed, Jun 13, 2012
Account Currency - 3 - Nominal - Database Profiles
Viewed 1334 times since Thu, Jun 28, 2012
VAT Adjustments - VAT on Imported Goods
Viewed 4221 times since Fri, Oct 12, 2018