Cost Centres

Company cost centres are business units that can incur costs. Cost centres can be assigned to transactions. A default cost centre can be assigned to a trader, so a cost centre is selected automatically when a transaction for them is created.

Creating a Company Cost Centre

1. From the Set-up menu, click Company. The Company Set-up window opens.
2. Click Settings, then Cost Centres. Your existing cost centres are shown in a list.
3. Below the list, click the + button. A blank row is added to the list.
4. In the Code box, type a alphanumeric code for your new cost centre.
5. If you want the new cost centre to be active, leave the Active option selected. Clear it to leave the cost centre inactive.
6. In the Details box, type a longer description such as your business unit name.
7. Click the tick [✔] button to confirm.

Changing the State of a Cost Centre

Cost centres are usually active, but can be made inactive, if for instance you have a reorganization and change your business unit names and responsibilities.

1. From the Set-up menu, click Company. The Company Set-up window opens.
2. Click Settings, then Cost Centres. Your existing cost centres are shown in a list.
3. Select the cost centre you want to change.
4. Clear the Active option to make the cost centre inactive.
5. Click the tick [✔] button to confirm.

See Also