How to Alter Multiple Cost Centers in Tally Prime?
Step: GOT > Click on ‘Chart of Accounts’ > Cost Centers > Multi-Master (Alt+H) > Multi Alter
> Enter > make Changes in Cost Center screen > Press ‘Ctrl+A’ for Save changes
Ø For Delete Cost Category Press ‘Alt+D’ on Selected one
Note: You will not be able to delete a Cost Centers in multiple modes
Ø Practice Exercise for Cost Centers Creation in Tally Prime, for You
Category
Name
Under
Marketing Department
Suresh Sharma
Primary
Dinesh Gupta
Mahesh Singh
Finance Department
Rohan Gupta
Primary
Rajesh Prasad
Kamal Singh
Accounts Department
Naman Prasad
Primary
Rajat Kapoor
Harish Gupta
Ø Application of Cost Center & Cost Category in Tally Prime that means Allocation of Cost center
Process 1: Create Salary ledger for Payment of Salary to Department
Step: GOT > Create > Ledger
In Ledger Screen Enable Cost Center like that following screenshot
· Process 2: Make Payment of Salary of Department by using Cost center
Step : GOT > Voucher > F5 > Ctrl+H > Single Entry Mode > Enter In Payment Screen fill following option like,
Account: Select Mode of Payment ‘Cash/Bank’
Particulars: Select ‘Salary A/c’ Ledger
Ø After Selection of Salary A/c Ledger Type Amount of Salary & Select Department (Cost Category) then select Cost Center & Divide Amount for Each Cost Center.
Ø
Fill All Option like this Following Screenshot