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Individual department or a group of department makes a Cost center. These cost centers are budgeted and tracked for the cost, income and allocation. These cost centers will be associated with the purchase order while making a new purchase in your organization.
To add cost center,
Click Admin tab in the header pane.
In the Purchase block,
select Cost Center icon . The Cost Centre List view page opens.
Select New Cost Center link on the right hand side of the page.
In the Cost Center details form, specify Cost Centre Code. All the fields are mandatory in the Cost Center form.
Specify the Name of the cost centre.
Select and map multiple departments to the cost center from the Department pick list field.
Specify the Owner of the cost center. The owner is generally an employee of the organization.
Specify a brief Description about the cost centre and click Add Cost Centre to add the cost center in the list view.
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