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author's profile photo Former Member
Former Member

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

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

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3 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Jul 30, 2012 at 06:02 AM

    Hi,

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

    Regards,

    Ram

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 30, 2012 at 10:18 AM

    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

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 30, 2012 at 06:09 PM

    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

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