COST CENTER:
Cost Center is useful to maintain the accounts of our various Branches or Departments. Cost Category denotes the expenses.
COMPANY NAME: Cost Center & Co.
ACTIVATION:
F11: Features
Accounting Features
Maintain Cost Center? = Yes
Accept.
HOW TO CREATE A COST CENTER?
Gateway of Tally
Accounts Info
Cost Center
Create
POST THE FOLLOWING TRANSACTIONS:
12.04.2006 Salary Paid Rs.200000:
(Purchases Department 30%;
Sales Department 40%;
Production Department 30%.) 15.05.2006 Electricity Charges Paid Rs. 30000:
(Purchases Department 25%;
Sales Department 35%;
Production Department 40%.) 18.07.2006 Telephone Charges Rs. 12000;
(Purchases Department 30%;
Sales Department 35%;
ProductionDepartment 35%.)
30.08.2006 Commission Received Rs.6000;
(Purchases Department 40%;
Sales Department 40%;
Production Department 20%.)
05.09.2006 Discount Received Rs. 4000;
(Purchases Department 40%;
Sales Department 40%;
Production Department 20%.)
HOW TO VIEW COST CENTER REPORTS?
1. Gateway of Tally
2. Display
3. Statements of Accounts
4. Cost Centre
5. Cost Centre Break-Up
