cost center

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Related to cost centers: profit centers

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 next part of the formula is a cell reference to the cost center in cell A4.
The modalities of differentiating are significant influenced by Secondary Cost Centers, IT services influence product or service differentiation and at the same time personnel and image differentiation is determined by HR areas.
Achieving the goal that operations of the cost center can be represented by a single output measure tends to result in cost centers in Germany that are more narrowly focused than are cost centers in United States firms.
The label may indicate that the subunit manager is delegated the responsibility for making decisions that affect the cost of the cost center and that the manager's performance is evaluated based on those costs.
The project team consisted of three D&T CG/ICS consultants and three Times employees who completed the installation of SAP's client/server financial applications--Accounts Payable, General Ledger and Controlling, with Cost Center Accounting and Fixed Assets.
General Terms: Languages, Theory Additional Key Words and Phrases: Attribution of costs, cost centers, cost semantics, execution profiling, program transformation, space profiling, source-level profiling
What general ledger account and cost center could the fraud be charged to?
There is no limit to the number of cost centers you can have.
Work orders can be written against equipment, locations, or cost centers.
The second factor, capital, sounded like an all-out assault on cost centers.
The system empowers cardholders to instantly and easily itemize, allocate and distribute card charges among cost centers by percentage or amount.