Cost Center
Last updated
Last updated
Cost Center is a fundamental element that allows organizations to allocate and track costs or income within specific segments of their operations. Essentially, it serves as a tool for evaluating the financial performance of distinct areas, functioning not only as a cost-tracking mechanism but also as a Profit Center.
Open Finance Administration Workspace Select Cost Center Doctype, or find it with Search Bar
Select +Add Cost Center
Fill Parent Cost Center
Fill Cost center name with format (Cost Center ID-Project Number-ProjectID) > Save