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Cost Centers

A cost center is a business unit that is only responsible for the costs that it incurs. The cost center is the main dimension to aggregate the actual cost. Its performance is usually measured through the comparison between the incurred and budgeted costs. The Cost Centers feature enables you to view or refer to financial details such as the cost center effective date, manager, and reporting center. It manages both active and inactive cost centers.

There are two ways to view the cost center records: tree view and table view.

  • The tree view is the default view when there are 100 or less parent cost centers.
  • The table view is the only view when there are more than 100 parent cost centers.

For more information about views, see Views.

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