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Cost Centre or Profit Centre Allocation

...needed. In the section Cost Centre Breakup Cost Centre Summary Cost Centre Monthly Summary Cost Centre Breakup The Cost Centre Breakup report gives you the ledger-group-wise view of incomes and expenses incurred and allocated to the selected Profit Centre or Cost Centre. Press Alt+G (Go To) > type or select...

  • Use Cost Centres or Profit Centres for Allocation of Incomes and Expenses
  • Create Cost Centres  
  • Allocation of expenses to Cost Centres  
  • Consolidate Allocations to Cost Centres for Unit-wise Expenses
  • Track Income and Expenses Incurred Cost Centre-Wise
  • Cost Centre Breakup  
  • Cost Centre Summary  
  • Cost Centre Monthly Summary  
  • Use Cost Category for Parallel Allocation
  • Rename Primary Cost Category and Create Cost Category  
  • Attaching Cost Centres to Cost Category  
  • Cost Category for Parallel Allocation of Expenses and Incomes to Cost Centres or Profit Centres in Transactions
  • Cost Category Summary  
  • Cost Centre Class
  • Create Cost Centre Class  
  • Use Cost Centre Class  
  • Disable Cost Centre in TallyPrime
  • Disable cost centre for a specific ledger  
  • Disable cost centre for all ledgers  
  • Cost Centres in TallyPrime – FAQ

    ...Cost Centre or Profit Centre in TallyPrime. How to get the pre-defined cost centre classes in new company if data is imported from an existing company? You cannot import the pre-defined cost centres to a particular Company. You need to create the cost centres under the same cost centre categories...

    Record Sales with Salesperson Details for Collection and Commission in TallyPrime

    ...invoice, you can create a cost centre class for each salesperson and use the cost centre class for invoicing. This helps avoid the manual allocation of a cost centre for each ledger. You can also maintain a department-wise grouping of cost centres. Click here for more details on cost centres....

  • Salesperson Details to Calculate Commission on Sales Amount
  • Salesperson Details for Collection of Sales Amount
  • Sales with Cost Centre allocation for collection  
  • Receipt voucher for collection  
  • Salesperson Details for Collection and Commission
  • Sales with cost centre allocation for collection and commission  
  • Receipt voucher for collection  
  • Sales – FAQ

    ...Create Cost Category as Commission and Agents as Cost centre. Create Commission ledger under Indirect Expenses, and enable the cost centre option.   Create Cost Category as Commission and Agents as Cost Centres. Press F11 (Features) > set Enable Cost Centres to Yes > press Ctrl+A to save. Gateway of...

    Job Costing in TallyPrime

    ...Set Job Costing for Cost Centres. Set the option Use for job costing to Yes. The Cost Centre Creation screen appears, as shown below: Accept the screen. As always, you can press Ctrl+A to save. To know more about creating Cost Centres, refer to the Cost Centre Allocation topic. Create...

  • Setup TallyPrime for Job Costing
  • Procurement of Materials
  • Accrue your Expenses   
  • Record Payments for Expenses  
  • Record Sales for Revenue   
  • Job Work Analysis Report
  • Record Sales Receipts and Sales with Additional Charges, Discounts, and Free Items

    ...voucher. If you are having a single ledger for such additional costs as transportation, then you do not require cost centres to track the cost. However, if you wish to track the additional cost separately then you can use cost centres. In this section Additional charges with cost centre Additional...

  • Sales with Additional Charges
  • Additional charges with cost centre  
  • Additional charges without cost centre  
  • Company Features in TallyPrime (F11)

    ...Master > Cost Category. Cost Centre Class is auto-enabled when you enable Cost Centres. Use pre-defined cost centre allocations in transactions   Press Alt+G (Go To) > Create Master > Cost Centre Class. Cost Centre Class is auto-enabled when you enable Cost Centres. Show opening balance for revenue items in...

  • F11 Features for Company
  • Accounting Features  
  • Create, Alter, and Delete Budgets in TallyPrime

    ...budget. Set Cost Centres to Yes. The Cost Centre Budget screen appears. Select the required Cost Centre, Expenses, Income and Closing Balance. Accept the screen. As always, press Ctrl+A to save the Budget Creation screen. After the budget is created for cost centres, you can track the expenses and income...

  • Create a Budget
  • Create Budgets for Cost Centres  
  • Alter a Budget
  • Delete a Budget
  • Accounting – FAQ

    ...periodic break-up of depreciation amount for one or all assets. This chart can be generated by maintaining Cost Categories and Cost Centres. To get a periodic depreciation chart, create Cost Category and Cost Centres in the hierarchy shown below. Cost Category Under Depreciation Primary Cost Category   Cost Centre Select...

    Chart of Accounts in TallyPrime

    ...allocate the same incomes and expenses to parallel sets of cost centres or profit centres. Chart of Accounts displays all the Cost Categories created in TallyPrime. To know more about Cost Categories, refer to the Use Cost Category for Parallel Allocation section in the topic Cost Centre or Profit Centre...

  • Cost Categories  
  • Cost Centres  
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