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All Codes in Nominal Ledger

Allow the nominal ledger report to carry all account codes. Currently it doesn't carry the nominal codes for bank accounts. I am fine with them being switched off by default, but it's silly not to allow them to be switched on, as it means you can't do a complete nominal report. I would have thought this would be trivial to implement.

My particular reason for asking is that if you set up an additional bank account for a director's loan or partner's drawing account (as recommended by the help) there is no way to get a printable report of the activity on that account. You can 'download' activity as a CSV, but you can't get a normal nominal ledger report.

As a more general point, it should be possible to get an activity report on EVERY nominal code (at least if you have the nominal codes bit switched on in advanced settings).
  • Anonymous
  • Jan 10 2017
  • Acknowledged
  • Jan 10, 2017

    Admin Response

    Hi Alex, Thanks for your suggestion. I have spoken with our developers about this and they wish to clarify what it is you would like to show exactly on the nominal ledger report. Any transaction assigned to a bank account would also be attached to an account code so would show on the nominal ledger, do you refer in particular to a transfer between two bank accounts?
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  • Amy commented
    January 10, 2017 09:13

    As a practice we have recently started using Kashflow with several clients, this was originally with a view to moving all of our Sage clients across in the future. At the moment I cannot see this happening. It is too restricted in information available. The nominal ledger has to include all of the nominal codes and have a screen specifically for the nominal accounts showing any that have a balance so that drilling down can be a flow through process. At the moment it is far too 'cluncky'. This is a fundamental part of bookkeeping and preparing accounts. I will not be recommending any further clients to this product until this is resolved. I can see us going the other way and moving our new Kashflow clients to Sage at the end of our licence. I don't think it is possible to have bookkeeping software that requires so much effort to extract information when preparing the Accounts. It cannot be cost effective for the client or the practice.

  • Amy commented
    January 10, 2017 09:13

    As a practice we have recently started using Kashflow with several clients, this was originally with a view to moving all of our Sage clients across in the future. At the moment I cannot see this happening. It is too restricted in information available. The nominal ledger has to include all of the nominal codes and have a screen specifically for the nominal accounts showing any that have a balance so that drilling down can be a flow through process. At the moment it is far too 'cluncky'. This is a fundamental part of bookkeeping and preparing accounts. I will not be recommending any further clients to this product until this is resolved. I can see us going the other way and moving our new Kashflow clients to Sage at the end of our licence. I don't think it is possible to have bookkeeping software that requires so much effort to extract information when preparing the Accounts. It cannot be cost effective for the client or the practice.

  • Anna Wickham commented
    January 10, 2017 09:13

    I agree - the whole idea of a nominal ledger is that you report on all the transactions in the system, both the debits and the credits in what ever account they fall, whether they are bank payments, sales invoices or journals.
    If you exclude control accounts (bank, trade creditors, debtors VAT etc) - you only get half the picture..

  • Anonymous commented
    January 10, 2017 09:13

    It's a while since I looked at this. Two things really:

    * Firstly, an accountant who looked at the nominal ledger report was surprised to see bank accounts excluded. To find the bank transactions you would have to find the appropriate double entries.

    * Secondly, I wanted to get (as a report) activity on a director's loan account. In fact it was slightly more complex than that - these were drawings accounts for partners and I wanted to check the drawings were sensible for all partners, so I wanted to see all the activity on the drawings accounts. I should be able to do that through nominal ledger where I can see them all together (rather than go to each bank account in turn) as a nominal ledger report should include ALL account codes (or at lease be configurable to include all account codes)

  • Nigel Chambers commented
    February 6, 2017 14:35

    The nominal ledger should be a report of all debit and credit transactions by nominal for the specified period. The bank accounts are nominals too so their transactions should be included in the nominal ledger report (look at a SAGE nominal ledger report to see what I mean).

    To give accountants a full transaction history for a period they need the current nominal ledger report PLUS detailed reports for each of the bank accounts. It would be easier (and more correct) to have the bank account transactions included in the nominal ledger report.

    Not to have the bank accounts included means that the nominal ledger is incomplete and doesn't give all the DR and CR transactions for the period. For example, if a supplier is paid the nominal report as it stands will show the DR to "creditors control account" but it won't show the corresponding CR entry in the bank account.

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