>> July 2, 2008
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
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
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.
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