nominal codes are confusing me and I am concerned there are too many and that when I am figuring out how to do reports I may miss certain codes and therefor have an un a create result. I would much prefer to simple have code for sales General sales and 1 for purchases and that’s it. Can I delete all the other and add if I need?
Also where do you even find these codes to look at and or change
Thanks
Sam
There are certain “system” codes that have to be there, things like the debtors/creditors/VAT control accounts, capital accounts, standard bank accounts, etc, but you should be able to remove many of the other overheads codes if you’re not using them. You want the “chart of accounts” report.
A single sales account is fine but lumping all your costs together will make it very difficult to work out where the money is going in future, especially if HMRC get sniffy about your tax returns.
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