web

You’re offline. This is a read only version of the page.

News and Announcements icon

Dynamics 365 CommunityForums Finance forum Cost Centers and hiera...

Finance forum

Cost Centers and hierarchies

(0) Share

Report

Report

Posted on by Dave C Eng

Hi All,

If we have divisions in our business which have the same cost centers e.g. IT what is best practice

1. Create two cost centers one for each division so they can be put into an orginisational hierarchy?

or

2. One cost center which cannot be added to a hierarchy as it belongs to two divisions (business units)

Regards

Dave

Categories:

Financial Management

I have the same question (0)

All responses Img

All responses (1)

Answers Img

Answers (0)

Suggested answer

Sten Baumgarten 12 on at

Like (1)

Report
Copy link

Link copied!

Hi Dave

If you want the two IT cost centers in the same organization hierarchy you must create two IT cost centers. If you want one IT cost and only use it once in different organization hierarchies you one need one IT costcenter.

The answer therefor depends on how you want to build your organization hierarchy for you business and divisions.

I prefer to create each unik operating unit e.g. cost center as one. This means that I can have e.g. different IT cost centers located in different part of my organisation and still have them all in the same organization hierarchy :-)

Kind regards

Sten Baumgarten

Was this reply helpful? Yes No

Join the conversation

Helpful resources

News and Announcements

Check out the Community Spotlight Video Series

Quick Links

Leaderboard > Finance

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans