Cost Centre Processing

Cost Centre costs can be accumulated in three different levels of detail:

• At the most basic level Employment costs can be accumulated into the default Cost Centre setup for the employee in the employee masterfile.  
• If not all the labour costs are to go to the default cost centre it is possible to process basic hours worked, shorttime and overtime hours/ days to individual cost centres using 'Batch', 'Hourly' or 'Spreadsheet' input. This method allocates time worked to specific cost centres, however, the other non-time based transactions e.g. allowances and company contributions are allocated 100% to the default cost centre that has been set up in the employee masterfile. 
• Then there is another method using the Cost Centre Splits facility where the value of Transaction Codes are allocated according to a set percentage or time allocation (proportion) of time worked in each of the cost centre.

For more information on Cost Centre Processing, see this link.

For more information on Cost Centre Splits, see this link.