Cost Centres

Arbor Finance allows you to have the ability to add a cost centre to your transactions and report on Cost Centres to keep track of Expenditure and Income for a particular Cost Centre. Cost Centres can be created for any type of Income and Expenditure that would typically use more than one Budget code and/or Analysis code. Examples of Cost Centres might be Subjects e.g. Maths, English, Science etc. School trips or a particular event.

Creating a Cost Centre

1. To create a cost centre, go to Records > Analysis Records 
2. Choose the Cost Centres tab
   
   
   
   
3. Click the Add button on the right of the screen
4. Add the Cost Centre code and Description
5. Click Save to complete the action
6. To create another code repeat steps 3 to 5

Editing or Deleting Cost Centres

1. If the Cost Centre is not visible in the left-hand pane, click in the Search box and type the Code you are looking for.
   
2. Select the Cost Centre you want to change or delete (it will turn light blue)
3. Use the Edit or Delete buttons on the right to change or delete the Cost Centre

Adding a Cost Centre code to a transaction

To add a Cost Centre to a transaction use the Cost Centre box within the transactions you are creating, this is similar to adding a Budget or Analysis code.

Cost Centres are not mandatory so be sure to add them before clicking the Save line.

Reporting on Cost Centres

There are a range of ways to get information about Cost Centres.

1. Use the reports on the Cost Centre Tab (Records > Analysis Records > Cost Centre)
   
   
2. Use the reports in the Reporting area (Reporting > Records)
   
   
   
   
3. These reports can be found in the Records area under the Funding Streams & Cost Centres section