What are Cost Centres.

A cost centre adds to a firm's cost whereas a profit centre adds to the firm's cost and profit. Furthermore, the main objective of a cost centre is to minimise cost whereas the main objective of a profit centre is to maximise profit. Profit centres provide a wider and more general measurement of performance than the cost centre. In cost centre, the manager is only responsible for the cost whereas in a profit centre, the manager is responsible for cost and profit. In situations like this when manager is responsible for both, profit and cost, the contribution of each manager to the goal of the firm becomes easier to measure.

In ERPSirius Cost Centres can be both cost & profit centre, a cost centre or a profit centre.

1.Exit current process.

2.Create a new Centre.

3.Centre Browser.  Double click to edit or right clicking  will bring up a pop-up menu, where you can ;

a.Delete Warehouse.

4.Centre Details.