As Tanya_Spence noted many people do use Jobs to account for Profit centres, however that too requires users to allocate a Job to every line of every transation.
You will find that a number of the MYOB Add-on solutions can help you with a solution to allocate a each GL account to a Profit Centre then to easily report by Profit centre. See - http://myob.com.au/addons/.
As an example our Busines Intelligence software BI4Cloud will let you set up GL Custom lists where you can allocate P&L accounts to divisions, states or any other group you like.
You can then report by Division including Acutal v Budget and against prior periods.
Here is an article explaining how it works and some example reports - https://support.bi4cloud.com/hc/en-us/articles/218182627-Run-Divisions-or-Cost-Centres-With-Monthly-Budgets-Using-GL-Custom-Lists
Here is an example P&L by State.
All details and a 14 day free trial are on our website www.BI4Cloud.com
Jennifer Kelly CA
BI4Cloud
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