Interested to Buy Any Domain ? << Click Here >> for more details...
what is cost center option in tally what purpose it is used?
- 1 Answers
- 5759 Views
- I also Faced
- E-Mail Answers
Answer Posted / libin kulamuttom
cost centres and cost catogory provides you varous means to allocate the amount of voucher of selected accounts,in your own way.
Normally cost centres are used to allocate revenue accounts.for eg:paid salary to Libin( an employee) in Sale Dept.Here we can create the name of the employee as centre & name of the Dept.as catogory.By doing so we can easly identify the cost of varous depts.seperately.
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
What does a demo/presentation need to be effective?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
How do you handle rejection?
Tell me why some asset accounts have a credit balance?
Tell me why do you apply for a job of an account executive?
What Is Responsibility Accounting?
what is accounting cycle ?
Tell me what is “deposit in transit”?
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately
Why current assets Liability said & current Liability Assets said...?at tally ERP9
Tell me what are the three factors that can affect your cash flow and business profitability?
What are the advantages of double entry system?
