How the Multiple Trading Account report works

This support note applies to:

AO Classic (NZ)

Article ID: 33569

Multiple trading accounts use sub-codes to classify the trading accounts so the first trading account will have a sub-code of 00 then 01, 02, 03 etc.

There is a limit of 100 trading accounts, if you use the sub-code 00 as the first one. The default amount of trading accounts is ten when using the report from a master. To increase or decrease the default from 10, the Group Start line would need to be altered. To do this, the report will need to be customised.

The Master ledgers that the 415 Multiple Trading Account report can be customised from are:

ZZNZ50 Exempt Co Master - Group start line 30
ZZNZ60 Differential Co Master FRS - Group start line 30
ZZNZ61 Differential Co Master IFRS - Group start line 20

The accounts that will require sub-codes for each trading account are:

Revenue - 200 - 209
Raw Materials - 210 - 219, 250, 260, 720
Cost of Goods Sold - 220 - 229, 252, 262, 722
Direct Costs - 230 - 249

The trading account description (the heading for each trading account) should be entered as the Alternative description for the sales code in Account Maintenance in the Other tab.

Each trading account will print on a separate page.