Using Cost Centre Class

Each voucher now contains the Cost Centre/Classes option at its head. Select Not Applicable in case you want to allocate manually. Select a cost centre class to auto-allocate according to the predefined percentages set in that class.

Let us examine this with two examples, a sales entry and a payment entry.

In sales, let us select Export as the Cost Centre Class.

●     Go to the Voucher Entry Screen.

●     Select F8: Sales.

You have the following options:

 Cost Centre Class

●     Select one of the classes created earlier, in this case Export.

●     Now enter the sales invoice. The cost centre allocation sub-screen will not be displayed but the allocation will be done automatically.

●     After accepting the entry, check the cost centre displays to verify whether the allocation was done correctly.

●     Similarly, when you press F5: Payment, similar options are displayed. Select Marketing Expenses in that case. The cost centre allocation sub-screen will not be displayed but the allocation will be done automatically.

●     Use PgUp to check the entry in alteration mode. It will display the allocation in the voucher.

●     Check the cost centre reports for allocation.

Note: You can combine Voucher Class and Cost centre class to maximize automation.