NOMINAL LEDGER SYSTEM

In order to satisfy certain legislative requirements companies must produce a set of accounts showing how the business has operated throughout the year. These accounts are more commonly referred to as a Profit and Loss Account and a Balance Sheet. The Nominal Ledger system not only produces the above two reports but also assists the user in other areas such as checking and vouching bank statements, monitoring performance by way of budgets and generally keeping the accounts system in check etc.

The Main Features are :-

· Interfaced with the Sales and Purchase System

· Interfaced with the Stock System (if used)

· Interfaced with the Point of Sale

· Direct Postings to the Nominal System

· Journalising Extended Trial Balance

· Journalising Extended Trial Balance

· Simple Month End Procedure

Management Features:-

· Budgets.

· Monthly or Quarterly Trial Balance’s

· Trading P & L Accounts

· Regularly Updated Control Accounts for Instant Decisions

Used in its entirety the Park Computer Systems Accounting Suite will provide an easy to use package with many benefits for the user as well as total control for the management.

BACK TO ACCOUNTS