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Cost centre

Ist step:
Create company>F11>Accounting Features>

Maintain cost centres –yes

Use cost centre for job costing-yes
More than one cost category-yes
Use pre-defined cost centre Allocation during entry- No

2nd Step:
Accounts info>Cost category>create

Cost Category Creation

Name: Capital
Allocate Revenue item:yes
Allocate Non-Revenue items-yes.

3rd Step:

Cost centre>create

Cost centre creation

1. Category-capital
Name: Ram
Under: Primary
Use for job costing-yes
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2. Category:Capital
Name: Sita
Under: Primary
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Use for job costing-yes

4th Step:

Ledger: Capital
Under: Capital A/c
Inventory values are affected – No
Cost centre are applicable: yes

5th step:

Accounting vouchers>F6>Receipt

Receipt
Account-cash
Particular’s Amount
Capital 5000

Cost category
Capital Amount
Ram 3,000
Sita 2,000

Accept
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6th Step:

Display>Statements of Accounts > Cost centre>Category

Summary

Also we can see cost centre Break up.