Reports - Chart of Nominal Accounts

[ChrisatIIOnline]

Hi
A detailed report of all nominal ledger activity
How do I generate a clear report that shows the pairs / other side of an entry as within this report entries seem to have no refrence to each other and you have to guess at its matching transaction?
This is causing my accountant issues with our year end accounts as he can not see where things are posted or is there a different Report he should be using?
Cheers
Chris

[ian_roberts]

In many cases in QuickFile (as in any book keeping program) there isn’t necessarily a single nominal code that each bank transaction is tagged to. If it’s payment to a supplier, for instance, then yes, strictly speaking that transaction is tagged to a single nominal - the creditors control account - but that doesn’t tell you where the money actually went. For that you have to look at which purchase the payment was made to settle, and that purchase will likely be split across at least two nominal codes, with the net amount going to one or more expense nominals and the VAT amount going to the purchase tax control account, which in turn balances up to the VAT liability when you submit a VAT return.