Introduction to the Nominal Ledger and Associa - Flipbook - Page 104
If a purchase credit is then printed the value will only be 2500.00. This can be checked in the vehicle log file.
Another common problem is that the accounts status has been raised to A but the purchase invoice has not yet
been printed.
Zero Balance Accounts
The following accounts, which may not show as a variance, should always have a zero balance (some customers
may have a report running daily that details all accounts that should be at zero):
9059 – Demonstrator Clearing Account
9062 – Over Allowance Clearing Account
9335 – Sales Ledger Contra Account
9337 – VSB VAT Margin Suspense Account
9422 – VSB Default Bank Account
9504 – Used Vehicle PL Contra Account
If these accounts show a balance on the reconciliation report but do not show a variance, the stock numbers
relating to the balance will not show on the reconciliation report. In this instance, the stock numbers concerned
will need to be determined using a nominal ledger report. Rev7 users should use report K14 and Rev8 users
should use report K82 (Both reports show a transaction analysis by suffix, where the suffix is the stock number).
The checks that should be carried out are as detailed in the previous section.
Vehicle Reconciliation
Page 104 of 152
