Assigning a Cost Center to an Existing Journal Entry

You can assign one or more cost centers to your journal entries by following the steps outlined below.

 

• Note: Before starting, make sure to activate the Chart of Accounts App in your account.

1. Click on “Accounting” from the main menu.
2. Select “Journal Entries from the menu.
3. Click on the journal entry for which you want to assign a cost center.
4. Click on the “Assign Cost Centers” button.
5. Select one of the accounts you want to link to cost centers from the dropdown menu.
6. Select the desired cost center from the “Cost Center” column in the dropdown list.
   • Note: Subsidiary cost centers should be defined in the account before assigning them to daily entries. For more details, see the guide “Adding Cost Centers”.
7. Enter the “Percentage” or the “Amount” related to the cost center towards the account.
8. Click on “Add” to assign a new cost center.
9. Click on the “Save” button.