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The purpose of Cost Centre Classes is to facilitate predetermined allocation of cost centres to Ledger accounts (like expenses and incomes) during voucher entry.
How does it work?
The Automation of cost centre allocation involves creation of classes and predefining percentages for cost centres.
Cost centre classes affect all voucher types. In voucher entry, depending upon the cost centre class, the allocation will be carried out in the background without the allocation screen being displayed at all.
Set up required for Cost Centre Classes
Voucher Entry with Cost Classes
An explanation of Types of Calculation
Set up Required for Cost Centre Class
Voucher Entry using Cost Centre Class