Table of Contents
Introduction
Nominal Bank and Cash Journals allow you to post specific batch journals against a bank or cash account.
The main account dropdown will show bank or cash accounts for you to select, depending on the screen you're in.
After that, all you have to do is pick the relevant nominal account, fill in the fields, and post! Automatic balancing (or contra) entries are generated against the selected bank or cash account.
Creating Nominal Bank and Cash Journals
Go to Nominal > Posting > Nominal Bank Journal / Nominal Cash Journal.
Select an account from the Bank / Cash account search field. (Only corresponding accounts will show in the list.)
Fill in the journal with the following fields: Date, Ext ref (external reference), Description, and Participant Description (optional).
When you're ready, select ✔️ Save or press Tab.
The journal is saved as a draft and flagged with an orange 'Saved as draft' label.
You can now go ahead and add line items to the draft, using the same process as found in the article about regular journal entries.
Posting Nominal Bank and Cash Journals
When you're happy with your line items, select Post at the bottom right of the page.
The system will ask for your confirmation. Click on Post to proceed.
The Result
The Result
The posted cash journals will be visible in Nominal > Audit Trail.
For each debit, a credit is automatically created (and vice versa) against the chosen cash or bank account (e.g. Cash Account).
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Nominal Batch Journals in Indigo Business