A handy tip for finding Nominal Codes in Sage

Nominal Codes are the accounts set up in order to record different types of income and expenditure.  All payment and receipt entries in Sage Instant Accounts are linked to a Nominal Code. There can be up to 9,999 different nominal accounts, but most companies will only use about 150 and the basic codes are pre-set in Sage.

Nominal codes are set up within the following boundaries:

0000-0999 fixed assets
1000-1099 stock
1100-1199 debtors
1200-1299 bank and cash
2100-2399 liabilities
3000-3099 capital and reserves

(All Assets and Liabilities are recorded between 0000 and 3999 - these are the figures which will appear on the Balance Sheet)

4000-4999 sales and other income
5000-5999 purchases
6000-6099 direct labour and direct costs
6100-6999 marketing and miscellaneous
7000 -7999 overheads

8000 - 9997 for end of period adjustments, depreciation, bad debts and other odd expenses

9998 is the suspense account and 9999 is for use by Sage only

(All income and expenditure details are recorded between 4000 and 9999 - these are the figures which will appear on the Profit and Loss records).

If you are setting up a new Nominal Code, you should enter a number that fits within these boundaries and that is available. Click here to learn how to set up a new nominal code in Sage.

If there is a particular problem with using Sage Instant Accounts that you would like to see an article on, or perhaps you have a tip or a trick that you'd like to share, please contact us here and let us know.

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Other articles and links you may find helpful

• Exporting full Payroll information from Ava to Sage Payroll
• Exporting full invoice information from Ava to Sage Instant Accounts
• Click here to learn how to print or view of list of nominal codes in your Sage package.
• Click here for a handy tip on how to quickly find the nominal code you need.
• If you are interested in tips to make your web site work better for you, click here
• Find other beneficial articles here.