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Please how do I create cost centres and link them to products. Also where do I find already created cost centres and which products they are linked to.
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Hi Fausat,
Cost Centers can either be created as organisational units in the organisation admin module or as custom financial dimension in GL. Please note that the organisational units are automatically Setup as financial dimensions.
Linking cost centers to products can be made from the released products form where a default cost center can be linked to your product.
About the fixed asset module:
The main account in the depreciation section is typically a Balance sheet account denominated accumulated depreciation and the Offset account in your depreciation expense account.
Hope that answers your questions.
Best regards,
Ludwig
Thanks . Quite useful. I figured out the setting for the financial dimension while navigating the system. Also, the product linking has been found. Good stuff. Thanks.
Is the question regarding the fixed asset module posting setup clarified?
Yes, thanks. The information is useful.
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