Cost centre creation in tally erp 9 book

Creating jobs as job cost centers in tallyerp9 each job is ide n tified with a name or number and this is used while creating the cost centre for the job. The purpose of cost centre classes is to facilitate predetermined allocation of cost centres to ledger accounts like expenses and incomes during voucher entry. Erp 9, the cost centre could refer to an organizational unit to which costs or expenses can be allocated during transactions while the cost category is used to accumulate costs or profits for parallel sets of cost centres. It has long process to understand, so read the full article till end, as i have describe cost centre step by step. Cost center and cost category in tally erp 9 youtube. This facility enables you to allocate costs to parallel sets of cost centres i. Create upgading job as a job cost centre under primar y. Erp 9 refers to an organizational unit to which costs or expenses can be allocated during transactions while the cost category is used to accumulate costs or profits for. Erp 9 activates the cost centre feature for ledger accounts under sales accounts, purchase accounts, expense and income groups. How to create cost centre in tally erp 9 with what is tally, features, installation, downloading, starting, groups, inventory features, accounting features. Define the classes required and indicate which cost centres will be affected for each class. A very good thing about tally is that any kind of reports are created automatically.

You have successfully learned to delete a cost centre or a cost category in tally. The automation of cost centre allocation involves creation of classes and predefining percentages for cost centres. Cost centres select create under single cost centres. How to create cost centre in tally erp 9 javatpoint. In order to create a cost centre, enable maintain cost centres in f11. Before you select classes, it is advisable to create the cost centre structure. Erp 9 refers to an organizational unit to which costs or expenses can be allocated during transactions while the cost. From gateway of tally, go to features and then accounting features. Create upg r ading job as a job cost centre under primar y go to gateway of t ally accounts info. This is a very easy task since we have already created the required cost centres and we have also done entries for it.

Erp 9 each job is ide n tified with a name or number and this is used while creating the cost centre for the job. For parallel allocation of cost, you can enable maintain more than one payroll or cost category. By enabling cost centres in accounting features helps you to create cost centres under account info. How to create cost centre in tally erp 9 cost centre command is very important in tally erp 9. Erp 9 refers to an organizational unit to which costs or expenses can be allocated during transactions while the cost category is used to accumulate costs or profits for parallel sets of cost centres.