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FAQs

A cost center is a part of every company's infrastructure and budgeting process, which allows businesses to analyze their operations and report on trends and changes in their financials. Cost center are a form of inventory management and can be used to support specific business objectives. Your cost center is your organization's most effective means of keeping track of the costs you incurred. While every company's cost center will not be identical.

Here cost center wise report , Go to Gateway of Tally > Display > Statement of Accounts > Cost Centers > Cost Centre Break-up > Ledger Break up.

To find a cost center Entries , use the departmental reporting tree by entering transaction code FMRA in the menu box & select the RECONCILIATION, COST CENTER: ACTUAL LINE ITEMS

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