Cost Center

Cost Center is the list of cost centres. When the cost centre dimension is switched on in Account Dimension and given to an account range, every voucher line on those accounts is tagged with one of them, and reports can be read by it. Typical values: cost centres such as Sales, Production, Admin.

Where

General Ledger › Cost › Cost Center

Who uses it

The cost or management accountant

When

At setup, and when a new unit starts

Needs first

Nothing

Every field in plain words

Field	What it means	What to put
Cost Center	The code	Required
Name	The name	Required
System Generated	Made by the system, not typed	Read only

The list belongs to the company.

What it is connected to

• Account Dimension and Account Structure - switch the dimension on and give it to accounts.
• Ledger Setup - which values each account range allows.
• General Entry - the Dimensions tab of each line.