Creating Multiple Cost Categories

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)

The Multi Cost Category Creation screen is displayed as shown:

An explanation on each of the fields in Multi Cost Category Creation screen follows.

S. No.

This is an auto-generated serial number.

Name of Category

Enter the name of the Cost Category.

Allocations for

The Allocations for column is divided into two options, Revenue Items and Non-Revenue Items.

Revenue Items

This is set to Yes, by default. However, you have the option of altering it. This denotes whether you want to allocate revenue items to Cost Centres created under the Cost Category.

Non-revenue Items

This option is set to No, by default. You can set it to Yes, if you wish to allocate Non-Revenue or Capital items to Cost Centres created under the Cost Category.

Note: There is no Under field as you cannot sub-classify Cost Categories. Cost Categories have Cost Centres as their sub-classification.

Displaying Cost Categories in multiple mode

You can display multiple Cost Categories at a time in this mode. To display Cost Categories in the multiple mode

Go to Gateway of Tally> Accounts Info.> Cost Categories > Display (under Multiple Cost Categories)

The Multi Cost Category Display screen is displayed. View the details of all the Cost Categories created. It is not possible to make any changes in display mode.