Overview Of Cost Center In Marg Software

Process To Enable Cost Center In Marg Software

Process Of Cost Center Setup In Marg Software

Process To Create Sale Bill In Marg Software

Process To View Cost Center Report In Marg Software

OVERVIEW OF COST CENTER IN MARG SOFTWARE

• Marg ERP has provided a beneficial feature of Cost Center. with the help of this option the user can create a category and Cost Center of expenses and can post them under the specified group as per the requirement.
• With the help of this process, the user can do the Cost center Setup and view all reporting parts.

PROCESS TO ENABLE COST CENTER IN MARG SOFTWARE

• Go to Masters > Marg Setups > Control Room.

• A 'Control Room' window will appear.
• The user will select ‘Search in all’.

• A 'Controls' window will appear in which the user will search 'Cost Center'.
• Now click on ‘Accept’.

• A 'Cost Center' window will appear.
• In ‘Cost Centres reporting required Y-Accounts I-Inventory & Accounts’, the user will select ‘I’.

• The user will press 'ESC' key twice.

• Click on ‘Yes’ to save changes.

PROCESS OF COST CENTER SETUP IN MARG SOFTWARE

• Go to Masters > Cost Centre Master > Cost Category.

• A 'Select Cost Category' window will appear.
• The user will press 'F2' key to add a new main category.

• A 'Cost Category' window will appear.
• In 'Cost Category' option, the user will mention the name of the category and press 'Enter' key.
• Suppose mention 'Marketing Department'.

• A 'Cost Category' window will appear.
• The user will press 'ESC' key.

• The user can view 'Marketing Department' category has been created.

• Now the user will go to Masters > Cost Centre Master > Cost Centre.

• A 'Select Cost Category' window will appear.
• The user will press 'F2' key to add Cost Center.

• A 'Cost Center' window will appear.
• In 'Cost Center' option, the user will mention the name of cost center and press 'Enter' key.
• Suppose mention 'Advertising'.

• A 'Under Cost Category' window will appear.
• The user will press 'Enter' key on the main category under which the cost center needs to be posted.
• Suppose select 'Marketing Department'.

• A 'Cost Center' window will appear.
• The user will press 'ESC' key to skip it.

• Similarly, the user will add other cost center as per the requirement.
• Suppose added 'Research' under Marketing Department.

• Now the user will set for which Account Group's Ledger the cost center should ask.
• Go to Masters > Cost Centre Master > A/c Group Setup.

• A 'Cost Center > Set in accounts group' window will appear.
• The user will press 'Enter' key on selected A/C Group for which the Cost Center needs to be asked.
• Suppose select 'Sundry Debtors'.

Now the user will select the option as per the requirement.

a. No: Select the option if don't need posting for the cost center.

b. All Ledger: Select the option if needs to set Cost Center for all ledger whose posting is set under the selected A/C Group.

c. Ask in Ledger: Select the option if needs to set cost center separately for the specific ledger of the selected A/C Group.

Suppose select 'All Ledgers'

• The user can view Cost center for the account group has been set.

PROCESS TO CREAT SALE BILL IN MARG SOFTWARE

• Go to Transactions > Sale > Bill.

• A 'Sale Enty' window will appear.
• In 'Date' option, the user will mention the date as per the requirement.
• Suppose mention '30-11-2024'.

• A 'Ledgers' window will appear.
• The user will select the ledger as per the requirement.
• Suppose select 'Ahuja Medicine Centre'.

• The user will load items as per the requirement and press 'End' key in blank line.
• Invoice Value is '2500', so the total amount posted in the cost center should be the same.

• A 'Cost Center' window will appear, press 'Enter' key.

• Now the user will enter the amount to post in cost center heads.
• Suppose firstly mention '1500' and press 'Enter' key.

• A 'Select Cost Centre' window will appear.
• The user will select the cost center in which the amount needs to be posted.
• Suppose select 'Advertising'.

• Here, the user can mention the remark if required. Suppose skip it.

• Now suppose mention the balance amount of '1000' for other cost center and press 'Enter' key.

• Again 'Cost Centre' window will appear where the user will select another cost center.
• Suppose select 'Research'.

• The Total Amount of both cost center is '2500' and press 'End' key in the blank line.

• The user can view Sale Bill will get saved in the data.

PROCESS TO VIEW COST CENTER REPORT IN MARG SOFTWARE

• Go to Books > Cost Centres > Category Wise.

• A 'Cost Centre Reports' window will appear.
• In 'From' and 'To', the user mentions the date range for which the cost center report needs to be viewed.
• Suppose mention '30-11-2023' to '30-11-2023'.

• Click on 'Show'.

• The user can view the amount posted in the Marketing Department.
• Press 'Enter' key to view in detail.

• The user can view Cost center wise report will get displayed.

• If the user needs to export report in Excel, then click on 'Export to Excel.'

• The user can view Cost Center report will be generated in Excel Format.