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Full detail of Cost Center in Tally

Picture showing clear definition of Cost Center

Below Picture showing the process of making cost center






























Yesterday, I have received one email in my email box

vinod@svtuition.org

He is using tally 7.2 but he is facing the problem of making 4 departments accounts.

First of all you must understand the meaning of center.

In any business organization we divide it in two parts one is cost center and other is profit center. So cost center is that pin point where you have expended, it may be your three machines, it may be your four reason branches which are working in different states or it may be your different department. These all are said Cost
Center.

In Tally your duty is that to activate Cost center option in Feature 11

By writing yes. And in the last also you must yes and then allocation will be yes. Accept the entire feature F 11. After this you will see you can see a new button in account info. Other things you can under stand from my given picture after this you can enter your voucher enter in related cost center.

Comments

: 2
  1. i am ready with cost centre how to find out the actual input in each cost centre

    ReplyDelete
  2. why bank ledger did not show the cost center in single entry

    ReplyDelete
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Accounting Education: Full detail of Cost Center in Tally
Full detail of Cost Center in Tally
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Accounting Education
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