Cost Centre Classes
Anand
Thu, 10/07/2021 - 15:12
The purpose of Cost Centre Classes is to facilitate predetermined allocation of ledger accounts (like expenses and incomes) to cost centres during voucher entry. Allocation to cost centres can be made while using voucher classes and the cost centres can be 'classed' too.
How does it work?
Automation of cost centre allocation involves 'percentage allocation' based on predefined figures. Cost Centre Classes are defined where percentages at which allocation is to be made are given.
Cost centre classes affect all voucher types. In voucher entry, depending upon the cost centre class, the allocation will be carried out in the background without the allocation screen appearing at all.
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Set up required for Cost Centre Classes