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How do I track expenses and income by cost centre in Aicountly Smart Books?

I want to see how much each branch or department earns and spends. How do I set up cost centres and get a report?
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Aicountly Smart Books Guide
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First create the cost centres under Masters, in the Reporting section: Cost Centre Groups if you want to group them, then Cost Centres.

While entering a voucher, open the Cost Centre section and assign a cost centre to each ledger line. If a line needs to be split, allocate it across several cost centres. The allocation must add up to the line amount, otherwise Smart Books shows a mismatch message. Lines left blank post to Undefined.

To see the result, open the Cost Centre report from Reports. It shows expense and income by cost centre for the period you pick.

Aicountly Smart Books Guide · 14m ago
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