Showing posts with label what is cost category and cost centre. Show all posts
Showing posts with label what is cost category and cost centre. Show all posts

Wednesday, 12 November 2014

COST CATEGORY AND COST CENTRE

COST CATEGORY AND COST CENTRE

This option is used to know the analysis of our business performance.

Cost category:- It is collection of cost centre.

Note:- One cost category which name is primary has been already created.

Examples:- G.K.P. branch, LKN branch, Kanpur branch, Soap, Hair oil, Perfume, Surendra, Mayoor, Rina, Tally, MCA, Raj, Vinay, Raheem etc.

To activate cost category and cost centre: -G.O.T. (gateway of tally) --> F11 (company features)--> F1(accounting features).


To create cost category:- G.O.T. (gateway of tally) --> accounts info --> cost category--> create(single).

After that following form open-
Example:-

How we use it-

First we create a company. In it we create ledgers, cost category, cost centres and use it in doing voucher entry.

We make cost categories for example-




To create cost centre path:- G.O.T.(Gateway of tally)--> Accounts info--> cost centre--> create(single).

After that following form open-

Note- in this form we select cost category from pre- define category or pre created category.
We create cost centres for example-





Path for ledger creation:- G.O.T.(Gateway of tally)--> Accounts info--> ledger--> create(multiple).



Path for voucher creation:- G.O.T.(Gateway of tally)--> Accounting voucher--> F8(sales voucher).


To view cost category and cost centre report:- G.O.T. (Gateway of tally)--> display--> statement of account--> cost centre--> category summary.




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