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

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

The Multi Cost Category Alteration screen displays. Make the necessary changes and Accept to save.

Note: You cannot delete a Cost Category in multiple mode.

To alter an existing Cost Category

Go to Gateway of Tally> Accounts Info.> Cost Categories> Alter (under Single Cost Category)

Select the Cost Category from the List of Categories. The Cost Category Alteration screen displays. Make the changes in the required fields and Accept to save.

Deleting a cost category

You may delete a Cost Category that does not have any cost centre under it from the Cost Category Alteration screen. Use ALT+D to delete it. Tally does not allow deletion of a Cost Category that has Cost Centres.

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.

To alter an existing Cost Category

Go to Gateway of Tally> Accounts Info.> Cost Categories> Alter (under Single Cost Category)

Select the Cost Category from the List of Categories. The Cost Category Alteration screen displays. Make the changes in the required fields and Accept to save.

Deleting a cost category

You may delete a Cost Category that does not have any cost centre under it from the Cost Category Alteration screen. Use ALT+D to delete it. Tally does not allow deletion of a Cost Category that has Cost Centres.

To create a Cost Category, set Maintain Cost Centres to Yes in F11: Features and then set More than ONE Payroll/Cost Category to Yes.

By default, it is set to No. Tally creates a single Cost Category called Primary Cost Category and allocates all Cost Centres created, prior to enabling this feature, to this category. You can create new cost categories, and alter the existing Cost Centres to allocate them under required Cost Categories.

To create a Cost Category

Cost Categories are useful for organisations that require allocation of resources to parallel sets of Cost Centres. Such organisations would usually be project oriented.

Most organisations would not need Cost Categories. The proper use of Cost Centres itself would offer the same benefits. Cost Categories could increase data entry work and make it more complicated. Hence, before opting for Cost Categories, evaluate whether you actually need this option. Always attempt to first use Cost Centres.

You can alter multiple Cost Centres at a time in this mode.

Go to Gateway of Tally > Accounts Info.> Cost Centres > Alter (under Multiple Cost Centres)

Use <backspace> to move back to the field Under Cost Centre or use the button F4: Parent to change parent. Make the necessary changes in the respective fields and Accept to save.

Note: You cannot delete a Cost Centre in multiple mode

Explanation on Buttons in Multiple Mode

F4: Parent

It is used to move the cursor to the field Under Cost Centre.

Cost Categories are useful for organisations that require allocation of resources to parallel sets of Cost Centres. Such organisations would usually be project oriented.

Most organisations would not need Cost Categories. The proper use of Cost Centres itself would offer the same benefits. Cost Categories could increase data entry work and make it more complicated. Hence, before opting for Cost Categories, evaluate whether you actually need this option. Always attempt to first use Cost Centres.

You can alter multiple Cost Centres at a time in this mode.

Go to Gateway of Tally > Accounts Info.> Cost Centres > Alter (under Multiple Cost Centres)

Use <backspace> to move back to the field Under Cost Centre or use the button F4: Parent to change parent. Make the necessary changes in the respective fields and Accept to save.

Note: You cannot delete a Cost Centre in multiple mode

Explanation on Buttons in Multiple Mode

F4: Parent

It is used to move the cursor to the field Under Cost Centre.

You can create multiple Cost Centres in this mode.

Go to Gateway of Tally> Accounts Info.> Cost Centres> Create (under Multiple Ledgers)

The Multi Cost Centre Creation screen displays.

A brief explanation on each of the fields in the Multi Cost Centre Creation screen follows.

Under Cost Centre

Select a particular Cost Centre as the parent Cost Centre if you wish to create a number of cost centres under it.

If you do not want to be limited/ restricted to one parent Cost Centre while creating Cost Centres, choose All Items.