![]() To display the entire profit and loss account for an individual department, choose the Display>Profit And Loss Account command and then click on a department on the tabs at the bottom of the window. To display entries for a particular department, click on a department in the list that appears beneath the list of accounts. When you first display an account which contains departmental entries, all entries are displayed. To change the word departments to some other word, choose the Set Up>Currencies, Departments And Lists>Lists command and double click on the Departments item. They can be called cost centres, divisions, shops or whatever you like. You are forced to select a department when an entry is made to an account in a ledger which is analysed by departments.ĭepartments do not have to be called departments. There is an option in the Departments dialog to specify the ledgers that are analysed by department. To set up departments, choose the Set Up>Currencies, Departments And Lists>Departments command. An unlimited number of departments can be set up. You can get a free fully functioning one month trial of VT to try before you buy which is probably going to be the best option for you for starters.ĭepartmental costing is the analysis of income or expenses by departments or cost centres. (always better to get these things fro the horses mouth so to speak). Just popped off to the VT help facility and came back with the entry at the bottom of the page.
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