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: : Configuring Cost and Profit Centers
You must configure cost and profit centers and bundle them together.
To do so:
- Go to Tools > Setup > General setup > Company > Entity.
- For each entity, enter the related general information.
- In front of Type, select the relevant option:
- Undetermined
- Cost center
- Profit centre
Only the last two values have an impact on cost distribution. This step is essential.
- In the 'Arrival' project field, enter the only possible target project of distribution for each cost center.
- Click on the Profit center tab to bundle the entities together.
- On each cost center record sheet, enter all the profit centers that may receive costs coming from the relevant center. Otherwise no distribution rule will be established between them.
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Save. You must now Defining Cost Distribution Keys
You can bundle entities together in one go, thus avoiding manual actions on each centers.
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