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In Tally.ERP 9 you can allocate transactions (especially those which are revenue in nature) to particular Cost Centers, which will help you in extracting reports for that Cost Centre (Profit Centre). Cost Centers could generally be a Unit / Division / Department / Function / Activity etc in the organization or even Sales Executives, to which transactions (generally transactions which are revenue in nature) are allocated. You can also compare one cost centre with the other. Hence cost centers will provide the management with information regarding their performance. With cost categories enabled, parallel allocation of the same expense is possible between different cost centers.
To view Cost Centre Break-Up,
Go to Gateway of Tally > Display > Statements of Accounts > Cost Centres > Cost Centre Break-Up
Peachtree is an accounting application for small and medium-sized businesses (SMBs) made by Sage Software. Peachtree enables comptrollers and managers to automate and manage numerous accounting tasks, like:
* Reconciling accounts payable and receivable.* Creating financial statements, check invoices.* Tracking banking transfers and payroll.* Importing and manipulating spreadsheets.* Integrating scanned documents like checks, receipts and invoices, eliminating paper from the accounting process.
yes. we can use job phases in tally.first of all go to F11 features and set yes maintain cost centre then set yes Use cost centre for job costing.Thank you.
