creating cost centres for payroll

Hi steveconstantin,

Thanks for your post and yes, cost centres are like labels which you can assign to transactions. A cost centre might be a separate department or office within your company, or another business segment. For example, a business could use cost centres to represent different divisions such as accounts, marketing, sales and operations.

When entering a transaction, you can allocate one cost centre to it. You can then run reports for each cost centre. You may check out this link on how to set up and use different GL accounts.

Feel free to write a post if you need further assistance.

Cheers, 

Jem