Set up nominal accounts in Sage Expenses

How to import your Sage 50 nominal accounts into Sage Expenses to pay your expenses from.

After setting up your company in the Sage Expenses wizard, the next step is to import your nominal accounts to use when logging the expenses.

Nominal codes in Sage 50 Accounts are unique identifiers assigned to different types of transactions and accounts within your business. These codes help categorise and track financial activities, making it easier to manage and analyse your company's finances. For example, 1200 – Bank Current Account.

Before you start

Export the nominal codes from your Sage 50 Accounts software.

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Import Nominal Codes into Sage Expenses

In the Get started with Sage Expenses wizard, this step is to set up your account structure and payment methods.

1. Click Set up account structure and payment methods.

2. Click Edit accounts.

3. Click Import.

4. Then click Import again

5. Browse to the CSV file you saved in the Before you start section.

6. Click Open, then Yes on the Confirm message.

 

The nominal codes imported will display on the window. You can check these for any changes you need to make.

7. Click Save changes.

Configure your purchase tax control account. This will be 2201 if you’re using the default nominal codes in Sage 50 Accounts. 

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Next steps

The next step is to configure your Payment methods to pay your expenses from.

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