One moment please...
 
 
Exact Globe+   
 

Creating and maintaining cost center categories

Menu path

System ➔ Finance ➔ Cost centres / units ➔ Categories

Introduction

A cost center category is a broad classification tool that enables you to classify divisions and departments into groups or categories that are advantageous to your company. For instance, you can define categories by job group, location, or region. A category can then be broken down to a sub-category. Sub-categories are details of how you classify the cost centers in the selected cost center category. The following examples show how you can define the sub-categories in each respective cost center category.

Category 1: Job Group

Sub-category: Customer Support, General Management, Research and Development, Sales and Marketing

Category 2: Region

Sub-category: France, Japan, Malaysia, United States

Category 3: Location

Sub-category: Paris, Tokyo, Kuala Lumpur, New York

In this screen, you can create and maintain these categories. These categories are not linked to general ledger accounts, and consequently, they do not have any effects on the financial reports.

What version are you using?

The information in this document is applicable to product update 407 and higher. If you have versions lower than this, certain features explained here will not be applicable.

How do I create a cost center category?

  1. In the Categories screen, type the cost center category at Cost Center Layout 1,2,3, and 4.
  2. Click Save.

How do I edit a cost center category?

  1. In the Categories screen, type the cost center category to be edited.
  2. Click Save.

How do I maintain the properties of the cost center category?

  1. In the Categories screen, click the Maintain: Properties icon.
  2. Click the New icon to create a sub-category, the Edit icon to edit the selected sub-category, or the Delete icon to delete the selected sub-category. For more information, see Creating and maintaining cost center sub-categories.

Fields

Buttons

Icons

Related documents

     
 Main Category: Attachments & notes  Document Type: Online help main
 Category:  Security  level: All - 0
 Sub category:  Document ID: 12.150.609
 Assortment:  Date: 26-09-2022
 Release:  Attachment:
 Disclaimer