cost center

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cost center

a department, division, or other subunit of an institution established within its accounting system so that the income and expenses of the subunit can be separated from the income or expenses of other centers and monitored for cost and benefit.
References in periodicals archive ?
The findings of the report, based on an extensive survey of experienced users of managed data network services, show Infonet "Best in Class" in: Accurate Bills; Fault Reporting Process; Notification of Network Problems; General Helpdesk; Technical Support; Ability to Meet Requirements; Installation Guarantees; Value for Money; Adequate Data Throughput; 24 Hour Transparent Maintenance; End-to-End Network Management; Long Term Relationship; Billing at Cost Centre.
It includes major and minor cost centres and departments with costing of individual calls and totals.
With our PTS services, we are able to transform customer technical support cost centres into profit centres.