Hello, is there a way to create a cost centre? for example creating “workshop centre” where all related sales and expenses are tracked etc?
Answer
Cost Centre
Best answer by Laura03
Hello,
Subaccounts are Cost Centres. Do you have subaccounts feature turned on?
Define # of segments in Configuration → Segmented Keys
Define Valid Segment options:
Populate Subaccount Screen: Finance → Subaccounts
Every Transaction screen in every module will now require both an account and a Cost Centre. A default may be selected in Finance → Preferences.
Subaccounts may be used in Financial Reports too, such as to display Cost Centres across the columns, or to have separate Actual vs. Budget report for each Department.
Laura
+19Hello,
Subaccounts are Cost Centres. Do you have subaccounts feature turned on?
Define # of segments in Configuration → Segmented Keys
Define Valid Segment options:
Populate Subaccount Screen: Finance → Subaccounts
Every Transaction screen in every module will now require both an account and a Cost Centre. A default may be selected in Finance → Preferences.
Subaccounts may be used in Financial Reports too, such as to display Cost Centres across the columns, or to have separate Actual vs. Budget report for each Department.
Laura
~ Laura Barber, WM Synergy
Dear Laura,
Thank you for your reply, much appreciated. I shall advise if I require any further assistance, I believe this is the solution.
regards
Mano
Mano
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