Overview
The Nominal Ledger is a multi-company, multi-currency system with many powerful features specifically designed for book and periodical publishers.
It can be seamlessly integrated with other AVATAR modules such as Sales Ledger, Purchase Ledger, Sales Order Processing, Cash Book, Subscriptions, Royalties and Rights.
Key features include:
- Project Costing Ledger to allow companies to record lifetime income, expenditure and detailed origination costs by product.
- Deferred income accounting allows you to spread company income over the full period of a subscription.
- Account enquiry and maintenance with options to view movements, transactions, budgets, projects, and previous years’ details
- Unlimited budgets and forecasts
- Detailed ‘work in progress’ accounting for management accounts.
- Batch processing of journals, opening balance journals and repeating journals
- Batch processing of accruals and prepayments
- Subsidiary update processing, allowing nominal postings generated by subsidiary modules such as sales and purchase ledgers to be checked and updated into nominal ledger
- Period end report and processing
- Year-end processing – including chart creation/copy and brought forward balances
- House keeping processing including balance recalculation, budget recalculation, chart purge or amendment
- Hierarchical chart of nominal accounts for each nominal year with up to 10 levels of reporting
- Inter-company processing
- Security access for nominal codes containing sensitive information
The AVATAR Nominal Ledger provides a large number of standard reports and is designed for integration with Business Intelligence tools for user-specific reporting. Standard reports include, audit, ledger, journal, trial balance, balance sheet, project, management and P11D reports. Reporting can be user defined and across financial years.
