Nominals
Khaos Control Cloud Accounts Setup Guide
Introduction to Khaos Control Cloud Account Setup This setup guide is designed to help you setup your accounts in Khaos Control Cloud. Setting up your accounts is key for the system to work as you require. This guide covers: • User Permissions • ...
Client Query - Can I Associate a Non Controlled SKU/Item with a Purchase Nominal?
Question/Problem I want to create a custom SKU in order to account for some costs (non stock) from UK suppliers. How can I associate a non controlled SKU with a Purchase nominal account? Resolution/Solution In order to use a Purchase nominal for a ...
Client Query - Where should the PAYE nominal live?
Question/Problem Where should the PAYE nominal live? There are numbers already assigned in the sequence, so it can't sit with the other Taxes as I'd like. Cause The system uses Nominal Sequence Numbers and Grouping New Nominals when adding a new ...
Foreign Currency Gains / Losses
Overview KCC can calculate and post currency gains and losses automatically for foreign currencies Usage The currency loss / gain nominal account is used by the system to accrue foreign currency differences arising due to exchange rate fluctuations ...
Using a Nominal Classification for Specific Channels
Question/Problem I need to account for my channel fees and my channel sales in a single nominal classification, how can I set this up? Resolution/Solution In Khaos Control Cloud it is not possible to assign a nominal classification to sales received ...
Client Query - Purchase Nominal or Expense Nominal
Question/Problem Why the need for both a purchase nominal and an expense nominal? Resolution/Solution A purchase nominal is for non stock items that you wish to use purchase orders for and possibly stock control - it must be COS excluded. An expense ...
Khaos Control Cloud Initial Setup Guide - Creating Nominal Accounts
Overview This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen or ...
Mapping Sales Nominals
Overview This video will show you the different areas that you can map your sales nominals to in Khaos Control Cloud. How To Create a New Nominal Account explains how to create a new sales nominal and map it to countries. A step by step guide can be ...
Khaos Control Cloud Setup Guide - System Data - Nominal Classifications
Introduction This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen ...
Create a New Nominal Account
Overview This video will show you how to set up a new nominal account in Khaos Control Cloud. A step by step guide can be found below the video. Steps In Accounts, click on Nominal Account Setup. Enter Edit Mode. Use the New button to add a new line ...
Setting Up Nominal Account Classifications
Overview This video will show you how to set up Nominal Classifications in Khaos Control Cloud. There are also step by step instructions below. Steps Go to [System Setup | System Data | Nominal Account Classification]. Click Edit. Click +New. Enter ...
Using Nominal Classifications
Overview This video will show you how Nominal Classifications can be used in Khaos Control Cloud. A step by step guide can be found below the video. Setup In System Setup open System Data. Double Click on Nominal Accounts Classification to open the ...