Accounting Management

Purpose: 

A cost center is often a department or a branch within a company. The manager and employees of a cost center are responsible for its costs but are not directly responsible for revenues or investment decisions. In accounting, a cost center is a type of responsibility center. A responsibility center is an organizational subunit the manager of which is responsible for certain financial and non-financial performance measures. For accounting purposes, consider a responsibility center — in this case a cost center — a distinct entity within the context of the larger organization.

Cost Centers need to be set up in System Options before you can create the specific cost centers in GX Manage. 

This has to be done in three different steps:

STEP1 : Cost Centres need to be flagged in System options 

• Login as the Supervisor
  
• Click on System Options

• Click on Interfacing
• You can set it on
• None:
• Doctor (not yet):
• Service Centre:
• After Service Centre was selected you can now Save it and create Cost Centres in GX Manage

STEP 2: The Cost Centres need to be created in the GoodX Manage module

Roadmap: GoodX Manage >> Global Lists >> Lists >> Cost Centres

• On the following screen, you can create new Cost Centres
• Click on the (+) button

• Type in the Cost Centre Name and click on OK

• The new Cost Centre will be Saved

STEP 3: The Cost Centres that were created, now need to be linked to the Service centers

Roadmap: GoodX Manage >> Global Lists >> Lists >> Service Centres

• In the Service Center screen click on triangle button to Edit

• Select the applicable Cost Centre in the dropdown box >> OK