MODULE 4
Nominal Ledger Expense and Income Accounts

Course Objective

To enable participants to set up nominal records, and create a Chart of Accounts for use with Profit and Loss and Balance Sheet reports.

• Creating New Nominal Accounts
• Entering Opening Balances
• Setting Up Annual Budget Targets
• Dealing With Prepayments And Accruals
• Setting Up A Customised Chart Of Accounts
• Using Nominal Journal Entries To Start A Business Or Make Corrections
• Printing Miscellaneous Nominal Reports

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