Cost Centres (Financial Professionals)
Cost centres are also known as Departments, Divisions and Jobs.
Cost centres are also known as Departments, Divisions and Jobs.
There are numerous benefits of a cost centre which include:
- Monitoring efficiency: Cost centres are beneficial as they allow the effectiveness of all aspects within a company to be monitored closely.
- Loss prevention: Cost centres drive more effective and efficient processes to save money, therefore over a period of time reducing overall expenses a business incurs.
Select ‘Financial Professionals from the ‘menu bar’ then click on ‘Dimensions’.
Click 'First free code'.
Type in the name of the cost centre.
Save changes.