Cost Centres

Cost Centres

Cost Centers allows allocating to different Cost or Profit centres. Cost Centres are optional, that is you can do regular accounting without creating any Cost Centre. You can create cost centres in Multi-levels. i.e., Primary, Secondary. The First cost Centre created is always Primary. Subsequent Cost Cenres may be of primary level or may be placed under any existing Cost Centre, there is no limit in nesting.

To activate Cost Centres, you must set Yes to the Question Maintain Cost Centres in Accounting Features under F11: Features.

Create New Cost Centre

Category: Select appropriate Cost Category from pop-up window

Name: Here you type the Cost Centre Name. Duplicate names are not allowed.

Under: Select the parent Cost Centre from pop-up window under which this Cost Centre will appear. To create Primary Cost Centre, Select Primary from pop-up list.


Post a Comment