Accounts

Working with Nominal Journal Entries


In MYOB Accounting, you can make Nominal Journal entries to track business activity that you don't want to track with other kinds of transactions, such as sales or purchases. Usually, Nominal Journal entries are used only for special situations, such as when you need to record depreciation of your company's assets, or when you need to enter year-end adjustments to your financial records.

Transaction information from Nominal Journal entries is stored in the Nominal Journal, so your other business records, such as sales figures, aren't directly affected by these transactions.

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