What is Cost Centre?
Cost Centre is used to represent the cost allocation. It is a department within a company to which costs can be allocated. You can setup the cost centre your company has here and assign the cost centre to staff in their Placement Profile(constant setting within a period) or payroll(one-off seting)
What can be defined in Cost Centre?
Cost Centre Code: the shortcode of the Cost Centre
Cost Centre Name: the full name of the Cost Centre
Remark: any notes for your reference