Nominal Ledger: This option gathers data from all the other ledgers and provides management reporting functions, such as the Trial Balance, Profit & Loss, and Balance Sheet reports. Within the nominal ledger, you can:

• Store individual nominal account records.
• Define up to 20 accounting periods.
• Operate an accounting system based on Open or Closed period accounting principles.
• Create annual budget profiles based on monthly % splits.
• Graphically analyse and present the current and up to 5 years' historical figures, in terms of budgets and actuals.
• Easily create nominal accounts based on account number, cost centre and department.
• Analyse transactions to department, cost centre and an additional custom analysis code.
• Attach a file to a nominal account (eg. word processing documents, images and spreadsheets).
• Use the batch journal entry facility. 
• View your VAT return, drilling down to individual transactions if required.
• Post items to individual nominal accounts and then group your nominal accounts for analysis purposes. 
• Use the drill-down facility to analyse nominal ledger data by individual entry.
• Create memorandum accounts in the nominal ledger. 
• Set up pre-payments and accruals.
• Use the unlimited transaction history storage facility. 
• Tailor the Profit & Loss and Balance Sheet layouts to suit your needs.