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What's the impact of adding new cost center to the existing cost center hierarchy?

Former Member
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Dear Experts,

My client asked me to add new cost center to their existing cost center hierarchy?

I just wonder what would be the impact like?

Does anyone has any idea?

regards,

Abraham

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi,

There is no  harm to add one or more new cost centers to your existing std Hierarchy

Regards,

Ram

Answers (2)

Answers (2)

Former Member
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Abraham,

Adding a new cost center will be okay; but you will have to identify the processes in which this cost center would be used. For. e.g. there could be some allocations which may use certain cost center groups and you may have a need to add this new cost center to those groups depending on your requirment. If you need to make some postings to this cost center automatically, you would need to make additions to your automatic a/c assignment. There could be some reports which may have an existing variant and might need modification.

Thanks,

Avinash

Former Member
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thanks guys for your input.

regards,

Abraham

Former Member
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Hi,

Adding new cost center in hierarcy is not a problem but we need information in which group cost center has been added and also what cost i am going to book and what will be the treatment of the cost in month end like -Whether cost center need to be added in assessment cycle.

regards

RK