A cost center is a department within a business to which costs can be allocated. Cost Center is another way to categorize employees. You can generate reports based on Cost Centers. You can attach a cost center to an employee, Sub Unit or a Project.
Step 1 – Select Admin > Organization > General Information from the Main Menu. General Information Screen will appear.
Step 2 – Select the Cost Center Enabled checkbox and click Save.
Step 3 – Select Admin > Organization > Cost Center from the Main Menu. Cost Center Screen will appear.
Step 4 - Click the ‘Add’ button. Add Cost Center screen will appear.
Step 5 – Add a Cost Center ID, Name and Description. Click Save.