Accounting Manager - Account Software Codes

Modified on Thu, 26 Oct 2023 at 10:44 AM

This area relates to your current Accounts Software Solution. You can change or fill in all of your details and codes for your daily accounts export here.

Tax Code

Your standard rate of VAT for transactions e.g. Sage 50 = "20" or Xero = "20% (VAT on Income)"

Vat Nominal Code

The ledger code that your VAT should post to

Deposit Nominal Code

The ledger code that you would like to use to record your deposits

Payments Nominal Code

The ledger code that you would like to use to record all payments that are processed through Hop

Refund Nominal Code

The ledger code that you would like to use to record all refunds that are processed through Hop

Exempt VAT Code

The VAT code that will be used where there is no vat on the transaction

Guest Ledger Code

This will be a ledger code that needs to be setup as a control account for you to record the guest ledger double entry transactions for all transactions processed through Hop

Dept. Code

If you use department codes in your account solution, within your chart of accounts you should add this here

Code Centre

If you use a cost centre in your account solution, within your chart of accounts you should add this here

Credit Sales Code

This is how your account solution recognises credit transactions e.g. Sage 50 = "JC

Debit Payment Code

This is how your account solution recognises debit transactions e.g. Sage 50 = JD

Debtor Control Code

This will be your debtor control account ledger code within your accounts solution