By Default, the Cost Centre reports will show the opening balance for Non-Revenue Items only.
Note: Revenue Items means all Profit & loss account Items and Non-Revenue Items means all Balance sheet Items.
When you enable the option Show Opening Balance for Revenue Items in Reports? in F11: Accounting Features, the Cost centre reports will show the opening balance for Revenue Items also.
Let’s take an example:
Salesman A - Sales Made and expenses incurred Statement
|
Date |
Party Name |
Sales Amount |
Conveyance Amount |
|
05-04-2009 |
Customer X |
5000 |
250 |
|
|
|
|
|
|
25-04-2009 |
Customer Y |
6250 |
315 |
|
|
|
|
|
|
05-05-2009 |
Customer Z |
5515 |
350 |
Salesman B - Sales Made and expenses incurred Statement
|
Date |
Party Name |
Sales Amount |
Conveyance Amount |
|
08-04-2009 |
Customer A |
15100 |
750 |
|
|
|
|
|
|
30-04-2009 |
Customer B |
8200 |
255 |
|
|
|
|
|
|
15-05-2009 |
Customer C |
3650 |
150 |
Here, Salesman A and Salesman B are Cost Centres.
Cost Centre Breakup report for Salesman A
In the above screen, the Opening balances for the month of May is displayed only for the Non-Revenue Items.
1. Press F11 > F1: Accounting Feature > Enable the option “Show Opening Balance for Revenue Items in Reports?"
2. Re-load the Company in order to brought forward the opening balance for revenue items.
3. Go to Gateway of Tally > Accounts Info. > Cost Centres > Alter > Select the Cost Centre > Set the option Show Opening Balance for Revenue Items in Reports? to Yes.
4. Now the Cost Centre Reports for SalesMan A will display the Opening Balance for Revenue Items also.
Let us take a scenario, where the option “Show Opening Balance for Revenue Items in Reports” is enabled in SalesMan A cost centre and the same option is not enabled in SalesMan B cost centre.
The Cost Centre breakup report is displayed as shown:
