Create Nominal Account from Nominal Account tab

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• Create Nominal Account from Nominal Account tab

Zumzum Financials Knowledge Base

1. Go to the Setup(Zumzum) tab
2. Click the Nominal Account button.
3. Select New.
4. Enter a name for the nominal account in the Nominal Account Name field.
5.  Which Nominal Sub-Category the Nominal Account records will be linked to.
6. Enter a unique Account Code, which is used to identify the Nominal Account.
7. Enter the default Tax Rate for this Nominal Account or use the lookup field to find the correct one.
   • Tick the SO box if this Nominal Account is used for Sales Orders.
   • Tick the PO box if this Nominal Account is used for Purchase Orders.
   • TIck the Expense box if this Nominal Account is used for Expenses.
8. Finally, click Save to ensure the changes are saved.

Last Updated: 12 months ago in Chart of Accounts (COA), Nominal Account Tags: nominal account, Setup

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