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FAQ-6 (Budgets and Credit Limits):

How to create Budget for Cost Centre?

Solution

To create a Budget for Cost Centres,

  • Go to Gateway of Tally > Accounts Info. > Budgets > Create
  • Enter a Name for the budget.
  • Select Primary in Under field. Another Budget can be selected in this field, if sub-budget is to be created.
  • Enter From and To date to specify the Period of Budget.
  • In Set/Alter Budgets of set Yes to Cost Centres, inorder to allocate budgets for Cost Centres

Tally.Erp 9 : Budgets and Credit Limits

[4-6A]

 

  • Select the Cost Centres for which budget has to be set.
  • Budget figures may be given for Expenses, Income and Closing Balance for each cost centre selected. These figures will be available for comparison with the Actuals in the Cost Centre Display reports.
 
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15 Chapters in Tally.ERP9 Book + 21 Chapters in GST Practical Assignment on GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

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