A cost center is a logical division within your agency’s operations for purposes of management, analysis, and financial reporting. Using cost centers allows you to track revenue and expenditures that cross multiple funds and/or projects.
Cost Center is an optional segment of your agency’s account numbers. If you choose to use that segment, you must maintain one cost center record in the General Ledger program for each of your agency’s cost centers.
Note: You cannot delete a cost center you have assigned to an account or for which you have any transactions. You will usually delete only cost centers that you have never used.
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