What is departmental accounting?

Departmental accounting base is cost accounting and need to analyse or absorb the what we spend what we earned exactly in the company Division/Department wise

Generally Departmental accounting prepare for identify the exact profit and losses and how to Improve or upgrade the company in the future periods

Its done to record separately the costs of individual departments which help the managers in resource allocation.

The Departmental Accounting is to charge the relevant cost to the concerned department cost pool.

In this way each department will charge the cost they incurred during the period.

Dears , 

departmental accounting means account prepared separately for the department and here ledgers will be opened trial balance will be prepared and also p&l account will be prepared and profit or loss is included in the main p&l account and also shown in the balance sheet .

 

Best  reagrds

It's a cost center base accounting, under this expenses are recorded on the bases of department basis.

Departamental Accounting is where departments within an entity have varying degrees of autonomy, but are not usually separated geographically from the rest of the business. They may be concerned with manufacturing or, in the case of a department store, with retailing. Departmental accounts usually include a trading account and may also include a profit and loss account to which overheads are allocated or imputed.

Departmental accounting is accounting method use to show cost center of the company

This cost center is measure against the contribution made by them

this is useful for knowing the various cost and take measure to control cost and budget preparation

Accountants use a system to record financial transactions and activities of any department in a company is called Departmental Accounting. This system reflects that how much profitable a department is.