Hi everyone, I am new to bookkeeping and the forum and would be really grateful for some help.
I am setting up accounts using Sage 50 for the first time, for my husbands small construction company.
Is there a template Chart of Accounts and nominal codes specific to construction companies which I can use? as I have been told the default nominal codes in Sage 50 do not adequately meet the requirements of a building company. For example because of the project based nature of construction the 'Sales/Trading Expenses' Category has elements in there I would expect to see in the 'Overheads/Administration' Category.
Any help would be gratefully received!
Marina