Creating additional sales nominal codes

Support
1

Hi,

I’m new to accounting, so bear with me.
I have 5 revenue streams for my business, and would like to be able to see how much revenue is generated by each. Do I just create a new nominal code for each and allocate each sale to one of them?
I assume QuickFile can tell me how much revenue is allocated to each?

Thanks,
Nick

2

Yes you can create more revenue nominals and allocate them in Item/Inventory Management, which will be handy when you generate income invoice for automatic allocation

3

Here’s a guide showing you how to create additional sales nominals.

You can then select which nominal account you want to use when creating an invoice by clicking the grey questions mark for each line item.

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