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Post Info TOPIC: Nominal code question


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Nominal code question
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Hi there,

Can anyone tell me the correct nominal code to use for pension service charges? These are monthly direct debits made as bank payments. Is it best to set up under it's own nominal code, or use one of Sage's?



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Jonathan



Master Book-keeper

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Posts: 8646
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Are these just admin fees? Do you have invoices for them?

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 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position

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