How to Create Cost Centre in Tally ERP 9

cost centre in tally erp 9

Cost centre command is very important in Tally ERP 9. It has long process to understand, so read the full article till end, as I have describe cost centre step by step.

What is Cost Centre in Tally

Example: Suppose we sales Nokia company products and Samsung Company products. And there are lots of products of both companies. so we need a specific report that how many product are left for Nokia and separately of Samsung. an example chart is given as under-

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Solution:

  • First of all we have to activate the cost centre, so press “F11” button for setting in Features option.

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  • Now Go to “Accounting Features”

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  • Now go to Cost/Profit Centres Management Tab and Do “Yes” in Maintain Cost Centres.

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  • After saving the above setting, Go to Gateway of Tally, and go to “Accounts info” option

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  • Now go to “Cost Centres” option

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  • Select “Create” button for in Single cost Centre tab.
  • Here we will create 2 Cost Centre name. For example –  Nokia, Samsung.

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  • Now fill the Name : Nokia
  • Under : Primary
  • And save the cost centre

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  • Again Give 2nd Name : Samsung
  • Under: Primary
  • Save the cost centre

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  • Now your cost centres has been made, you can check the result as below-
  • Go to Display-> Statement of Accounts->Cost Centres->Cost Centre Breakup->Now you will see the result as under.

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After entering the voucher entries you will get the stock details for above company data. In our next article your will learn how to make entries in cost centre.

 


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