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How to Create Single Cost Category in Tally Prime?

How to Create Single Cost Category in Tally Prime?

Step: GOT > Create > Click on ‘Show More’ > Cost Category > Create New > Enter

After reaching the Above step Screen will shown like this following screenshot:

Ø Fill Details like,

· Name – Type Name of Cost Category

· Alias – Type Another Name as Alias for Cost Category otherwise leave it Empty.

· Allocate Revenue Items – This option is Useful when allocate all type of indirect & direct Expense and Direct & Indirect Income – related transactions to cost centers created under this cost category.

· Allocate Non-Revenue Items – This option is Useful when allocate all type of Capital, Gift Cards & Deposits related transactions to cost centers created under this cost category.

Ø Example: Fill Details like that

· Name – Sales Department

· Allocate Revenue Items – Yes

· Allocate Non-Revenue Items –No

Ø Entry of Above Example in Cost Category creation Screen as following Screen shot:

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