www.TallyERP9Help.Com
Select Your Language :

Cost Category & Cost Center in Tally.ERP9

Meaning – Cost Center
1

A Cost Centre is any unit of an organisation to which transactions (generally, revenue) can be allocated. When only costs or expenses are allocated to these units, they are referred to as Cost Centres.

Creating a Single Cost Center
2

To create a Cost Centre, set Maintain Cost Centres to Yes in F11: Accounting Features. For parallel allocation of Cost, you can set More than ONE Payroll/Cost Category to Yes. By default, Tally.ERP 9 activates the Cost Centre feature for Ledger accounts under Sales Accounts, Purchase Accounts, Expense and Income groups

Altering a Cost Center
3

To alter an existing Cost Centre

Go to Gateway of Tally> Accounts Info.> Cost Centres> Alter (under Single Cost Centre

Creating Multiple Cost Center
4

You can create multiple Cost Centres in this mode.

Go to Gateway of Tally> Accounts Info.> Cost Centres> Create (under Multiple Ledgers)

Altering Cost Center in Multiple Mode
5

You can alter multiple Cost Centres at a time in this mode.

Go to Gateway of Tally > Accounts Info.> Cost Centres > Alter (under Multiple Cost Centres

Meaning – Cost Categories
6

Cost Categories are useful for organisations that require allocation of Revenue and Non-Revenue Items to parallel sets of Cost Centres. Cost categories facilitate third dimensional reporting of Expenditure and revenue. Some of the examples of Cost Categories can be Regionwise or geographywise, Gradewise, Departmentwise and so on.

Creating a Single Cost Category
7

To create a Cost Category, set Maintain Cost Centres to Yes in F11: Accounting Features and then set More than ONE Payroll/Cost Category to Yes

Altering a Cost Category
8

To alter an existing Cost Category
Go to Gateway of Tally> Accounts Info.> Cost Categories> Alter (under Single Cost Category)
Select the Cost Category from the List of Categories. The Cost Category Alteration screen displays. Make the changes in the required fields and Accept to save.

Creating Multiple Cost Categories
9

You can create multiple Cost Categories at a time using the multiple mode.

Go to Gateway of Tally > Accounts Info. > Cost Categories > Create (under Multiple Cost categories

Altering Cost Categories in Multiple Mode
10

ou can alter multiple Cost Categories at a time in this mode. To alter Cost Categories in the multiple mode
Go to Gateway of Tally> Accounts Info.> Cost Categories > Alter (under Multiple Cost Categories

Creating Cost Centers under Cost Categories
11

To create a Cost Centre under a Cost Category, set More than ONE Payroll/Cost Category to Yes in F11: Accounting Features

Go to Gateway of Tally > Accounts Info. > Cost Centre > Create (under Single Cost Centres)

Creating Multiple Cost Centers under Cost Categories
12

Go to Gateway of Tally> Accounts Info.> Cost Centres> Create (under Multiple Cost Centres)
This is a quick way to create multiple cost centres under a single Cost Category at a time.

 
A
dd
 
 
 

Tally.ERP 9 Reference Manual
www.tallyerp9help.com
Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
Tally.ERP 9 Help LIBRARY
Short Cut Keys Command in Tally.ERP9
Reorder Levels & Reorder Quantity
Price Lists in Tally.ERP 9
Point of Sale (POS) in Tally.ERP 9
Job Costing in Tally.ERP 9
Interest Calculations in Tally.ERP 9
Features (F11) of Tally.ERP 9
Configuratioin (F12) of Tally.ERP 9
Data Migration in Tally.ERP 9
Cost Categories and Cost Centers
Budgets in Tally.ERP 9
Advanced Inventory Features
Advanced Accounting Features
Self-Running Tutorial with Audio
F.A.Q. Knowledgebase in Tally.ERP 9
Sample Reports @ Tally.ERP 9
Tips on Tally.ERP 9
 
Our Portal : www.TallyERP9Book.Com www.IncomeTaxManagement.Com www.Tally9Book.com www.TallyERP9Help.Com
Disclaimer. :
Tally, Tally 9, Tally9, Tally.ERP, Tally.ERP 9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners.
The visitors may click here to visit the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications