Sage – one of the most frustrating accounting packages to use if you are not an accountant and one of the easiest to use if you are! Below is a list of the Sage Nominal Ledger codes.
0010 Freehold property 5201 Closing stock
0011 Leasehold property 6000 Productive Labour
0020 Plant & Machinery 6001 Cost of sales labour
0021 Plant & m/cy depreciation 6002 Sub-contractors
0030 Office equipment 6100 Sales commissions
0031 Office equipt depreciation 6200 Sales promotion
0040 Furniture & fixtures 6201 Advertising
0041 Furniture & fxts depreciation 6202 Gifts & samples
0050 Motor Vehicles 6203 PR (literature 7 brochures)
0051 Motor vehicles depreciation 6900 Miscellaneous expenses
1001 Stock 7000 Gross wages
1002 Work in progress 7001 Directors’ salaries
1003 Finished goods 7002 Directors’ remuneration
1100 Debtors Control account 7003 Staff salaries
1101 Sundry debtors 7004 Wages – regular
1102 Other debtors 7005 Wages – casual
1103 Prepayments 7006 Employers’ NI
1200 Bank current account 7007 Employers’ pensions
1210 Bank deposit account 7008 Recruitment expenses
1220 Building society account 7009 Adjustments
1230 Petty cash 7010 SSP reclaimed
1235 Cash receipts 7011 SMP reclaimed
1240 Company credit card 7100 Rent
1250 Credit card receipts 7102 Water rates
2100 Creditors control account 7103 General rates
2101 Sundry creditors 7104 Premises insurance
2102 Other creditors 7200 Electricity
2109 Accruals 7201 Gas
2200 Sales Tax control account (VAT) 7202 Oil
2201 Purchase Tax control account (VAT) 7203 Other heating costs
2202 VAT liability 7300 Fuel & oil (MOTOR)
2210 PAYE 7301 Repairs & servicing (MOTOR)
2211 National Insurance 7302 Licenses
2220 Net wages 7303 Vehicle insurance
2230 Pension fund 7304 Miscellaneous motor
2300 Loans 7350 Scale charges
2310 Hire purchase 7400 Travelling
2320 Corporation tax 7401 Car hire
2330 Mortgages 7402 Hotels
3010 Preference shares 7403 UK Entertainment
3100 Reserves 7404 Overseas Entertainment
3101 Undistributed reserves 7405 Overseas travelling
3200 Profit & Loss Account 7406 Subsistence
4000 Sales type A 7500 Printing
4001 Sales type B 7501 Postage & carriage
4002 Sales type C 7502 Telephone
4009 Discounts allowed 7503 Telex/telegram/fax
4100 Sales type D 7504 Office stationery
4101 Sales type E 7505 Books etc
4200 Sale of Assets 7600 Legal fees
4400 Credit charges (late payments) 7601 Audit & accountancy fees
4900 Miscellaneous income 7602 Consultancy fees
4901 Royalties received 7603 Professional fees
4902 Commissions received 7700 Equipment hire
4903 Insurance claims 7701 Office m/c maintenance
4904 Rent income 7800 Repairs & renewals
4905 Distribution & carriage 7801 Cleaning
5000 Materials purchased 7802 Laundry
5001 Materials imported 7803 Premises expenses
5002 Miscellaneous purchases 7900 Bank interest paid
5003 Packaging 7901 Bank charges
5009 Discounts taken 7902 Currency charges
5100 Carriage 7903 Loan interest paid
5101 Import duty 7904 HP interest
5102 Transport insurance 7905 Credit charges
5200 Opening stock 7906 Exchange rate variance
8000 Depreciation
8001 Plant & m/cy depreciation
8002 Furniture/fittings depreciation
8003 Vehicle depreciation
8004 Office equipment depreciation
8100 Bad debt write off
8102 Bad debt provision
8200 Donations
8201 Subscriptions
8202 Clothing costs
8203 Training costs
8204 Insurance
8205 Refreshments
9998 Suspense account
9999 Mispostings account