urgent nominal code help ,please...

[Nicely]

I have to put all payment to the system from bank statement. I am using sage line 50. I am confusing abour nominal codes. I need a nominal code for sundries and incidentals. both of them are payment. Another thing is I got one internet banking transfer payment to other account for Tax Retainer. my accountant make a note on the bank statement and she said "show the date paid and post this to a seperate account "hmrc revenue&customs"" and i am realy confusing with this note. What can i do?

 

[Kwame]

Why don't you speak to your accountant to help you with the nominal codes?

 

[johndon68]

For 'sundries and incidentals' you could use code 6900 - Miscellaneous Expenses.

John

 

[Nicely]

Unfortunately she went to holiday..thanks for your reply johndon68. Have you got any idea about my other question?

 

[Strontium Dog]

Unfortunately she went to holiday..thanks for your reply johndon68. Have you got any idea about my other question?

In the bank section is an option saying transfer. Use that, it asks you which account from and to.

I had to laugh when I saw the title of this thread. Seldom have I seen a nominal code be a case of life and death !

 

[Nicely]

yes, sometimes I feel nominal codes are try to killing me because of I am new )

And about my problem, yes i already use transfer icon in the bank section but problem is, in the bank statement i can see account number which is transfer to XXX. bank acc.
On the sage this is not hmrc account. I use that account number for business premium acc. and i already use this account for other transactions.
Sorry about my poor english ...

 

[Nicely]

So I need to open new bank account?

 

[Robert Pearce]

If I've read it correctly, you've made a transfer from your current account to your business premium account (the transfer being funds you're putting aside to pay your tax bill?)

Sage has to reflect reality so you just need to show the transfer going from your current account to your business premium account. That way, the balances on Sage for both bank accounts will match the balances on the bank statements.

 

[Nicely]

yes this is for paying tax bill. According to the bank statement i have to transfer from 1200(current bank) to 1220(premium). I am clear and understand this. But I am still confused about my accountant note which is write on the statement. (post this to separate account "hmrc")
Just I try to understand this note. I can't understand what she request from me..

 

[Robert Pearce]

Well, you've made the correct transfer on Sage, which is the important thing. Forget about what the note from your accountant said (for now) and ask her about it when she returns from holiday.

 

[Nicely]

yes, you are right. Thanks ...