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Creation of new cost center

p_kumar1
Explorer
0 Kudos

Good day all,

I have a requirement from business to create new cost center. My question is in addition to creating new cost center what are other activities/dependencies that need to be taken care of ? I can think of following:

1. Cost center group update with new cost center

2. Assessment cycles update with new cost center

3. Distribution cycles update with new cost center

4. Allocation structure update with new cost center

Can you pls let me know if there are any other update/config needed when we create new cost center ?.

Many thanks in advance.

Paulo_Vitoriano
Active Contributor

It very much depends on the system setup. Maybe you are using ranges or dynamic selection variants, in that case you do not need to update groups. Maybe you are using indirect activity allocations, but not assessments and distributions. This type of check-list always needs a localisation and it can always change over time too.

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