Cost centers, project dimensions, and analytical accounting
Tag revenue, expense, and journal transactions with cost centers to generate departmental and project P&L reports.
Cost center tracking provides granular visibility into profitability by branch, department, or project.
1. Define Cost Centers: Navigate to Accounting → Cost Centers. Create branches, departments (e.g., Sales, Marketing, IT), or specific client project codes.
2. Transaction Tagging: When entering sales invoices, supplier bills, manual journals, or employee payroll, select the relevant cost center for each line item.
3. Automatic General Ledger Allocation: The core balance sheet accounts remain balanced while analytical dimensions track expenses and revenue separately.
4. Analytical Reporting: Open Reports → Profit & Loss, filter by Cost Center, and compare actual departmental spending against operational budgets.