Your business records many transactions and each transaction is assigned an appropriate nominal code. All such transactions are grouped under logical categories to better facilitate auditing and review. These logical categories are known as the Nominal Reporting Groups. Nominal Reporting Groups are of two types: Primary and Secondary. These groups are notional and help auditing the transactions. All Profit and Loss and Balance Sheet transactions are grouped under the Primary category whereas subcategories, if any, are known as secondary.
For example, the BankCash is the Primary Group and under it you can find the individual transactions that are secondary. The Primary is the sum of the secondary transactions. See the image below.
To view the existing Nominal Reporting Groups, on the left panel, click Nominal Ledger > Nominal Reporting Groups and on the Nominal Reporting Groups page, click and then click Open.