nominal ledger


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Related to nominal ledger: nominal accounts

nominal ledger

the LEDGER which is used to record a firm's income and expenses.
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Alma Duncan worked in my department, nominal ledger, in the accounts department.
The 1916 text clearly outlines a double-entry style with the final calculation of profit or loss in a nominal ledger. The MCA ledgers also contained expenditures, receipts, and losses (transaction costs and natural loss), but no profit ledger.
The accounting part of the software includes stock control, sales orders, purchase orders, sales ledger, purchase ledger, nominal ledger, stock assemblies, general ledger, Euro-ready muliticurrency and multilayering for budgets and projections.