What is the cost center used in Oracle EBS?
Dear friends,.We have implemented the qualifier of cost center during the implementation of COST segments. But what is Center serving in Oracle EBS cost and subsequently treat? Could you help me on this?
Thank you much in advance.
Best regards
Ning
Hi Ning
Cost center is one of the elements accounting flexfield Oracle General Ledger, which is part of the financial modules of Oracle Oracle EBS
Accounting flexfield can have segments as:
1 company
2 min... [Cost center]
3 account
4 Sub-account
5 product
Cost centers indicate the functional areas of your organization, such as accounting, facilities, shipping and so on...
Modules of Oracle and Oracle projects assets requires to qualify a segment as the cost center in your account
Benefits are you can regroup your resources by cost center or a service, determine the cost of the project for a particular project from the cost centers and so on...
Hope this helps
Shanks
Tags: Oracle Applications
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