Introduction to the Nominal Ledger and Associa - Flipbook - Page 85
9082 Parts Surcharge – Franchise
The is the nominal balance of surcharge stock – the system checks each EOD that the physical value of stock
held in the parts file agrees with this balance.
9085 Parts Stock – Non Franchise
The is the nominal balance of parts stock non franchise – the system checks each EOD that the physical value of
stock held in the parts file agrees with this balance.
9087 Parts Surcharge – Non Franchise
The is the nominal balance of surcharge stock non franchise – the system checks each EOD that the physical
value of stock held in the parts file agrees with this balance.
9083 Parts Obsolescence Reserve Franchise
Manually posted reserve – usually based on the month end stock report.
9088 Parts Obsolescence Reserve Non Franchise
Manually posted reserve – usually based on the month end stock report.
9086/9089 Parts Rounding Differences
A balance of usually pence to compensate for the difference between average cost held on the stock record card
and the calculated average from the cost of sale posting. It is recommended that this account is cleared to the
P&L monthly.
9090 Parts Work in Progress
The value of parts issued from stock on to WIP9s , not yet invoiced.
9095/9099 Errors Account
Zero Accounts – These accounts should be checked daily and corrected. Any postings found usually result from
unexpected posting conditions from the posting tables. Not only should the posting be corrected but the cause
should be investigated and rectified.
9204 Subcontract Stock
This represents the balance of subcontract stock received into Purchase Control but not yet invoiced out.
9208 VAT Excess Clearing Account
Zero Account - This represents the value of VAT and Excess which has been held in POS but not yet invoiced to
the customer. This is effectively a debtor and should be cleared via POS.
9300 Sales Ledger Control Account
This represents the balance of all Sales Ledger Accounts which have a NL Control of 9300. The system checks
in EOD that the total of the Sales Ledger Accounts agrees with the nominal balance, reporting any variance – this
must be corrected immediately.
9304 Vehicle Sales Ledger Control Account
This represents the balance of all Sales Ledger Accounts which have a NL Control of 9304. The system checks
in EOD that the total of the Sales Ledger Accounts agrees with the nominal balance, reporting any variance – this
must be corrected immediately.
Nominal Balance Sheet Accounts
01.03.900.03 – pwise – 01/06/06
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