i am setting up sage for the charity i work for, we have various funders. what i need to know is Which nominal code should i be using for each project...
every project is funded from different sources. I am not sure how to list them..
many thanks
Need more, need help now?
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
nominal codes
-
caroline-cpt
nominal codes
hi,
i am setting up sage for the charity i work for, we have various funders. what i need to know is Which nominal code should i be using for each project...
every project is funded from different sources. I am not sure how to list them..
many thanks
i am setting up sage for the charity i work for, we have various funders. what i need to know is Which nominal code should i be using for each project...
every project is funded from different sources. I am not sure how to list them..
many thanks
-
brucedenney
- Site Admin
- Posts: 4664
- Joined: 28 Feb 2006, 09:56
- Sage Version: v30 UK/Europe/Africa
I assume you have switched on the charities setting and are using funds for the different projects anyway.
Nominal code are used for analysis of assets, liabilities, expenditure and income.
If you have several similar project with overlapping activities you may well use the same nominal codes for several of them, on the other hand you might not.
It all comes down to what information the trustees of the charity will want out of the accounts later on. It is not the sort of question that can be answered without a lot more detailed knowledge of the nature of the organisation, it's goals. aspirations and the needs of the management team.
Nominal code are used for analysis of assets, liabilities, expenditure and income.
If you have several similar project with overlapping activities you may well use the same nominal codes for several of them, on the other hand you might not.
It all comes down to what information the trustees of the charity will want out of the accounts later on. It is not the sort of question that can be answered without a lot more detailed knowledge of the nature of the organisation, it's goals. aspirations and the needs of the management team.
For just about anything Sage :- Discount subscriptions, pay-as-you-go support, application integration, reports, layouts, linked excel spreadsheets, analysis or any other help making life with sage easier/less time consuming Contact me.
Who is online
Users browsing this forum: No registered users and 3 guests