What is the use of Cost center
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Answer / naveen
Cost center is useful to determine the total cost of a
particular dept/biz center, for a given period[may be
monthly,quarterly or annualy] in order to analyse the past
trend and to use for budgeting/forecasting purpose for a
particular center
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / kiran
it helps in ascertaining d over all cost of each department
in the company
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / apeksha
A unit or organization for which costs are accumulated or computed.
Cost centers are used to account for related revenues and expenses.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / bala
Cost Center is useful for Asset and Project modules. A
Cost centerwise report is also available in Assets .
| Is This Answer Correct ? | 9 Yes | 13 No |
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