Add Cost Centers

Modified on Tue, 05 Apr 2022 at 12:20 PM

A cost center is a department, function, or role within an organization that does not directly add to profit but still generates costs for the organization. Cost centers only contribute to a company's profitability indirectly. They are often administrative, service, and support roles. The main use of a cost center is to track actual expenses for comparison to the budget.

Create Cost Centers

You can create cost centers within Kenjo. 

  • Go to Settings > Cost centers
  • Click the (+) button to create a new cost center
  • Enter a Cost center ID and a Cost center name
  • Click on "ADD COST CENTER"

You can create as many cost centers as necessary.

Assign cost centers to employees

  • Navigate to the Employee’s Profile > Personal > Work (section)
  • At the bottom of the work section, click on "ADD COST CENTER"
  • Enter the specific cost center and the quantity

In the following example, the employee works full time in customer service – hence the quantity will be 100%:

It is also possible that employees represent multiple cost centers. In this case, the employee works 50% in customer service and 50% in marketing, generating two different cost centers.

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