Shiraz Ahmed (Freelance Accounting) (35 Points)
01 March 2023How can we enter the opening balance manually in Cost Centres in Tally Prime, except by passing a journal entry?
I understand that this was not possible in Tally ERP 9.
prasad Nilugal
( GST Practitioner & Accounts )
(14805 Points)
Replied 01 March 2023
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 01 March 2023
You can see cost centre expenses and break up between departments. Its either debit or credit (expenses or gain) and closing balance. It shows for the current year. This feature is not available in Tally yet. Here's a wonderful article with example
https://help.tallysolutions.com/tally-prime/financial-controlling/cost-centres-in-tallyprime-faq/#1545975
CAclubindia
