User guide

Cost Centres

A cost centre is an organisation segment or area of activities for which it is desirable to accumulate and monitor costs. Some costs are directly allocated to cost centres (like direct materials cost, direct labour costs), while others (like travel overheads) are indirect costs. Use this interface to define the Cost Centre location, person, or item of equipment (or group of these) for which costs are to be ascertained and used for the purposes of cost monitoring and control.
 (Path: Definitions Advanced Cost Centre Definition)
Note: If you have not specified an account at the time of Cost Centre Definition, you can attach the Cost Centre to the Account at the entry time.