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Creating Multiple Cost Categories

You can create multiple Cost Categories at a time using the multiple mode.

Go to Gateway of Tally > Accounts Info. > Cost Categories > Create (under Multiple Cost categories)

The Multi Cost Category Creation screen displays.

 

An explanation on each of the fields in Multi Cost Category Creation screen follows.

S. No.

This is an auto-generated serial number.

Name of Category

Enter the name of the Cost Category.

Allocations for

Revenue Items

This is set to Yes, by default. However, you have the option of altering it. This denotes whether you want to allocate revenue items to Cost Centres under it.

Non-revenue Items

This is set to No, by default. You can alter it if you want to allocate non-revenue items to Cost Centres under it.

Note: There is no Under field as you cannot sub-classify Cost Categories. Cost Categories have Cost Centres as their sub-classification.

Displaying Cost Categories in multiple mode

You can display multiple Cost Categories at a time in this mode. To display Cost Categories in the multiple mode

Go to Gateway of Tally> Accounts Info.> Cost Categories > Display (under Multiple Cost Categories)

The Multi Cost Category Display screen appears. View the details of all the Cost Categories created. It is not possible to make any changes in this mode.