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what is dummy cost center? what is the need to create it?
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Answer Posted / afreen
dummy cost center is created to equall the balence amount,
which we have to pay at year end, instead of transfering
the amonut to concerned cost center monthly we transfer
that to dummy cost center after year end we eqaull the
balence , eg salary/wages bonus its calculated for 12
months and its distributed in equally in 12 months,first we
transfer that in dummy cost center and at year end we
transfer that to concerned cost center ,
if i am worng plz guide me
| Is This Answer Correct ? | 7 Yes | 6 No |
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