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Creating and maintaining general ledger accounts - Cost centers/cost units tab

Menu path

Go to Finance ➔ General ledger ➔ Chart of G/L’s, select the relevant general ledger (G/L) account, and then click Open. Next, click the Cost centers/cost units tab at the Maintain accounts screen.

Introduction 

This document provides the information on how to define the cost centers and cost units that can be used for the general ledger account, as well as the relevant cost centers linked to the general ledger account for cost allocations.

Fields

Cost center

Select this check box if you want to make Default Cost center a mandatory field when defining the general ledger account. Once selected, you are required to define a cost center at Default Cost center before you are able to save the general ledger account. This is only applicable to general ledger accounts of type bank, cash, debtor, creditor, or VAT. For other types of general ledger accounts, it is not mandatory to define a default cost center at Default Cost center although the Cost center check box is selected. If the check box is selected, the cost center defined at Default Cost center will be automatically displayed under the CCtr. column at the entry lines for financial entries created with the general ledger account.

Note: You can create cost centers at System ➔ Finance ➔ Cost centers/units ➔ Cost centers. For more information, see Creating and maintaining cost centers.

Default Cost center

Type or select the default cost center for the defined general ledger account.

Allow cost center allocation

Select this check box to allow cost allocation among the cost centers linked to the defined general ledger account.

Cost centers section

This section displays the list of cost centers that can be used with the defined general ledger account. If the cost center list is empty, the default cost center will not be automatically listed under this section even though the Cost center check box is selected. If you do not specifically link a cost center, all cost centers can be used.

 Select

Click this to add a cost center to be linked to the defined general ledger account.

 Copy

Click this to copy the cost center(s) from other general ledger accounts to be linked to the defined general ledger account.

 Remove

Click this to remove the selected cost center from the list under the Cost centers section.

Note: This is enabled only if you have selected a cost center from the list.

 Edit

Click this to modify the number of units defined for the selected cost center.

Note: This is enabled only if you have selected a cost center from the list.

Cost unit

Select this check box if you want to make Default Cost unit a mandatory field when defining the general ledger account. Once selected, you are required to define a cost unit at Default Cost unit before you are able to save the general ledger account. This is only applicable to general ledger accounts of type bank, cash, debtor, creditor, or VAT. For other types of general ledger accounts, it is not mandatory to define a default cost unit at Default Cost unit although the Cost unit check box is selected. If the check box is selected, the cost unit defined at Default Cost unit will be automatically displayed under the Cst.unit column at the entry lines for financial entries created with the general ledger account.

Note: You can create cost units at System ➔ Finance ➔ Cost centers/units ➔ Cost units. For more information, see Creating and maintaining cost units.

Default Cost unit

Type or select the default cost unit for the defined general ledger account.

Cost units section

This section displays the list of cost units that can be used with the defined general ledger account. If the cost unit list is empty, the default cost unit will not be automatically listed under this section even though the Cost unit check box is selected. If you do not specifically link the cost unit, all cost units can be used.

 Select

Click this to add a cost unit to be linked to the defined general ledger account.

 Copy

Click this to copy the cost unit(s) from other general ledger accounts to be linked to the defined general ledger account.

 Remove

Click this to remove the selected cost unit from the list under the Cost units section.

Note: This is enabled only if you have selected a cost unit from the list.

Related documents

     
 Main Category: Attachments & notes  Document Type: Support - On-line help
 Category:  Security  level: All - 0
 Sub category:  Document ID: 15.985.690
 Assortment:  Date: 26-09-2022
 Release:  Attachment:
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