Nominal
Nominal - VAT - Making Tax Digital
INTRODUCTION In the UK the government made a push about Making Tax Digital, MTD and Agility have built in an export facility. In order for this to work the company must be set up with an account with an MTD company. VAT Run the VAT procedure through ...
Posting A Special Journal
A special journal is for reversing changes made to the control accounts, e.g. bank accounts, VAT, etc To post a special Journal, first find the transaction that you are reversing - Nominal-Find a Transaction, and search for the transaction number (in ...
Nominal - Cost Centres
INTTRODUCTION Cost centres give the business another layer of analysing how certain areas of business are costing. By looking at these cost centres can help a business make decisions on the how to reduce these ongoing costs. SET UP To create a Cost ...
Nominal - Regular Payments and Receipts
INTRODUCTION Agility has the ability to create Regular Payments and Receipts which is ideal where the company may get an invoice that is being paid over a period of a time by a direct debit for example a Rates Invoice from the local authority and the ...
Nominal - Adding a Bank Account
INTRODUCTION In Agility you can have multiple Bank Accounts; Deposit, Current, Loan, Credit Card Accounts. CREATING A BANK ACOCUNT This is basically creating a 3 digit and then a name of the back, currency and type as mentioned above. The main part ...
Nominal - Sales Staff
INTRODUCTION In Agility a debtors/trade account can be assigned a Sales Staff but these need to be created first. CREATINGS SALES STAFF Navigate to Nominal - Ledger Maintenance - Company Data - Sales Staff Financial Year: Select the Financial Year ...
Nominal - Financial Periods
INTRODUCTION Agility is an accounting package also and therefore accounting periods need to be created. These are normally set up at the beginning when a customer starts using Agility for the EPOS solution. These financial periods are rolled over ...
Purchases - Amend Purchase Invoice Dates
If a Purchase Invoice is posted to the wrong date, and you need to change it. Go to Nominal-Browse Nominal Ledger, and click once on the B25000 account, and then click on the Details button: Click on the Journals Between radio button, and insert a ...
Nominal - DEPOTS
INTRODUCTION In Agility Professional there is the feature that allows a user to create depots this can be used if the company has stock in different locations. Most Depots are classified as Remote as they do not control the finances or accounts of ...
NOMINAL - Taking a Receipt Payment
INTRODUCTION Taking receipts in agility that is not being taken at the till can be done another way. This procedure can also be applied to suppliers as well as nominal. SALES - Customer Receipts To access this feature, go to Nominal\Cash ...
Nominals - Creating a Nominal Code
INTRODUCTION Agility Professional is an accounting system also and Nominal Account Codes can be created. Create a Nominal Code Go to Nominal\Ledger Maintenance\Nominal Ledger Accounts This screen opens showing the chart of accounts ADD Select ADD to ...
Month End and VAT Procedures
There is no absolute requirement to close month ends as all month end reports can be run to a date current or in the past. However I would suggest Close Purchase Ledger/Sales Ledger I would suggest closing the Purchase and Sales ledgers when you ...
Nominal - Month and Year End
INTRODUCTION Agility is an account package and therefore various functions need to be applied for your financial records like Profit & Loss, Balance Sheet & Trial Balance. There is also the need to close of your periods (month end) and then your Year ...
Creating A New Country or Adding a VAT Rate
Creating Adding a VAT Rate INTRODUCTION VAT Rates are connected to Countries so Ensure the country is also created. If the country is not created skip to Creating a Country as this will ask for the VAT Rate linked to the country. Find out the VAT ...
Sales - Shop Usage
INTRODUCTION Stores will often use stock for their own purposes and this is how Agility handles the procedure. Please ensure that a nominal account is created. See how this is done in the article. CREATE a SHOP ACCOUNT In many systems this could ...
Create a New Bank Account
Create a New Bank Account INTRODUCTION Agility provides the function to have multiple bank accounts that reflect the business, Current Account, Deposit etc. CREATE A BANK ACCOUNT Bank accounts are linked to Nominal Codes, and this will need ...
BANK RECONCILIATION
BANK RECONCILIATION Go to Nominal>Cash Book>Bank Reconciliation Total fields at bottom of the form is the sum of credits and debits Account: Select the bank account to reconcile From and to Dates – Search by Date tick box Refresh Button: When date ...
Cash Up Error
Nominal>Cash Book>Receipts>Single Receipt and Match Select the Till account Select Nominal from the Ledger Select Pay Type Select the Till Write off Account for the nominal Enter the value In description reference the cashup error and change the date ...
Nominal - Cash Account Transfer
INTRODUCTION There may be times when it is required to move money between bank accounts whether this is moving from the till account to the actual bank after a lodgement has been made or transferring fund from one bank to another. This can be done by ...