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Transfers the budgeted costs to the actual costs of cost centers or cost objects. At the beginning of the year, some companies establish a cost budget and then transfer these budgeted costs to cost centers or cost objects. The budget entries can be transferred to a cost journal and posted as actual costs in the journal.
Tip
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See Also
Concepts
Transfer and Post Cost Entries
About Cost Accounting
Other Resources
Copy Cost Budget
Copy G/L Budget to Cost Acctg.
Copy Cost Acctg. Budget to G/L
Entering Criteria in Filters