Cost Centre Wise Transactions Breakup

YouTube: How to Enter Cost Centre-Wise Transaction Breakup?

How to Enter Cost Centre -Wise Transaction Breakup?

This tutorial explains how to define Cost Center-wise Transaction Breakup in Logic ERP. It guides you through allocating transactions across multiple cost centers using amount or percentage-based distribution. Additionally, it covers how to review these allocations through financial reports for better analysis and control.

---

Objective of Cost Center Allocation

• Distribute expenses or transactions across multiple cost centers

• Improve financial tracking and accountability

• Enable detailed cost analysis and reporting

• Support better decision-making

---

Accessing the Breakup Window

• Navigate to Main Menu → Accounts Module

• Go to Accounts Voucher Section

• Open “Cost Centre Wise Transactions Breakup”

---

Selecting Account & Cost Center

• Search and select the Account Name

• Choose the relevant Cost Center

• The system will display:

  • All related account entries

  • Existing cost center allocations (if any)

---

Allocating Transactions to Multiple Cost Centers

• In the grid section below:

  • Enter Cost Centers one by one

• Allocate values using either:

  • Amount

  • Percentage (%)

Percentage-Based Allocation

• Enter percentage values for each cost center

• System will automatically:

  • Calculate and distribute the amount

  • Display split values in real-time

Important Rule

• Total allocation must equal:

  • 100% (percentage-based)

  • OR full transaction amount

Saving the Transaction

• Once allocation is complete:

  • Verify totals

  • Click Save

• Transaction breakup will be recorded successfully

---

Viewing Cost Center Reports

• Navigate to Main Menu → Reports & Queries

• Go to Financial Analysis Section

• Open “Cost Center Wise Analysis Report”

Generating the Report

• Click on Create

• System will generate a detailed report

Report Insights

• Displays:

  • Cost center-wise allocation

  • Transaction breakup details

  • Distributed amounts

---

Key Benefits

• Provides clear visibility of cost distribution

• Enhances financial transparency

• Supports budget tracking and control

• Simplifies multi-department expense management

---

Final Outcome

• Transactions are accurately split across cost centers

• Financial reports reflect detailed allocation

• Organizations gain better control over expenses and analysis