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Version: 8.5.0

Cost Center

A Cost Center is a department or a part of a department that directly adds cost to the organization and indirectly adds to profit. These are used to track the budget requirements of individual departments or business units. For example: Human Resource.

Purchase Orders are generally associated with either a Cost Center or Profit Center. A Purchase Manager can add a Cost Center to a PO. A Cost Center is added from a pre-defined list. A person with admin rights can add n number of Cost Centers in the system.

To view the Cost Center page, navigate to Admin > Purchase Management > Cost Center.

Cost Center Page

Here, you have the below options:

  • Search: You can search for the required cost center based on the name column.
  • Create Cost Center: You can create a cost center.
  • View User Details: You can view the details of the owner.
  • Edit: You can edit the details of the cost center.
  • Delete: You can delete the cost center if not required anymore. A confirmation message appears. Click Yes to continue or Cancel to stop the process.

Create Cost Center

To create a cost center, follow the below steps:

  1. Click the Create Cost Center button on the top-right corner of the page. A popup appears.

Create Cost Center

  1. Enter the below details:
Parameter            Description
NameEnter a unique name of the cost center. The maximum length allowed is 100.
Cost Center CodeEnter a unique code of the cost center.
OwnerSelect the owner of the cost center. The owner is of technician type.
DepartmentSelect the department to which the cost center belongs.
DescriptionEnter a short description about the cost center.
  1. Once done, click Create. The cost center will be available in the Purchase Order Form for use.
note

Cost Centers associated with PO cannot be deleted.