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FAQ - How to use Nominal Codes

Learn how to set up, manage and apply nominal codes to properly categorise financial transactions and ensure accurate exports.

Arynne Hargreaves avatar
Written by Arynne Hargreaves
Updated over 3 weeks ago

Introduction

Nominal codes help categorise financial transactions correctly in your accounting system, ensuring accurate reporting and financial statements. This article will look at how to configure these to ensure account exports include all financial data in the appropriate categories.

What is a Nominal Code?

A nominal code is a unique identifier assigned to specific accounting categories in your chart of accounts. Each code represents an account where financial transactions are recorded (such as sales revenue, vehicle expenses, or fuel costs).

Accessing Nominal Codes

  1. Navigate to Configuration > Accounting in the main menu

  2. Here you'll find all nominal codes available on your tenant

Nominal codes are added as part of account setup.

Please contact your account manager if updates are required.

Configuring Nominal Codes

Standard Assignment

When configuring Services, General and Fuel Surcharges, (Order Input) there is a field for adding the nominal code associated to the charge for the selected service. In some instances, there may be the option to add for both sales and purchase invoices.

Each charge will use the same nominal code, across all price lists. When a price list has all charges with assigned nominal codes, it will show with a check. If there are any charges where the nominal code is not included, it will show 'missing'.

Nominal codes can be added to the charges on price lists showing 'Missing'.

  1. Open the desired price list

  2. For each charge, select the appropriate nominal code from the dropdown

  3. Save your changes

Dynamic Assignment via Mapping

When nominal codes need to be determined based on operational data:

  1. In the charge master configuration, select the '0000' accounting code

  2. This indicates that the nominal code will be calculated through mapping rules

Setting Up Nominal Code Mapping Rules

Mapping rules determine which nominal code to use based on specific conditions:

  1. Go to Configuration > Accounting

  2. Navigate to the 'Invoice Nominal Code Rules' section

  3. Create rules with conditions that determine when specific nominal codes should be used

  4. Give each rule a meaningful name for tracking purposes

  5. Arrange rules in priority order - the first matching rule will be applied

Important: Rules are evaluated in sequence, and the first match is applied. Make sure to order your rules appropriately.

Viewing Applied Nominal Codes

To see which nominal codes have been applied to charges:

  1. View the invoice or charge details

  2. Click 'Show detail per line' to expand the information

  3. The nominal codes and the rule that determined them will be displayed

Advanced Feature: Splitting Charges Across Multiple Accounts

You can distribute a single charge across multiple accounting lines based on revenue distribution:

  1. Go to Configuration > Accounting

  2. Enable the 'Split by revenue distribution' option

This feature works with the revenue distribution settings on transport services:

Available distribution types include:

  • Distance-based

  • Time-based

  • Percentage per leg

When splitting is enabled, each segment may receive different nominal codes depending on your mapping rules.

When Are Nominal Codes Applied?

Nominal code mapping is executed during:

  • Export of charges to the accounting software

  • Invoice regeneration

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