AVATAR Nominal Ledger

Overview

The Nominal Ledger is a multi-company, multi-currency system with many powerful features specifically designed for book and periodical publishers.

The Nominal Ledger is designed to 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 enable companies to record lifetime income, expenditure and detailed origination costs by product.
  • Account enquiry and maintenance with options to view movements, transactions, budgets, projects, and previous years’ details
  • Unlimited budgets and forecasts
  • Deferred income accounting to spread company income over the full period of a subscription.
  • 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 AVATAR’s Business Intelligence tools for user-specific reporting. Standard reports include:

  • Audit Reports
  • Trial Balance
  • Balance Sheet and Management Reports
  • Ledger Reports
  • Project Reports
  • Journal Reports
  • Reports across financial years
  • User definable Report Writer
  • P11D Reports