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T Analyst - Cost Centres
Once you’ve created your hierarchy, you can build your cost centres. The Cost Centre page is where your hierarchy structure takes shape. Add cost centres and GL codes to represent the divisions and departments within your organisation. Depending on your permissions you can move, delete and edit descriptions of the cost centres.
Editing cost centre descriptions
Creating cost centres
Your default cost centre is Corporate. Build your hierarchy by adding divisions or departments below this cost centre.
1. Select the Setup tab.
2. Select the Cost Centre link in the Hierarchies section.
3. Add your top level departments with their GL codes in the grid and select Add.
4. Continue your organisation tree by selecting a cost centre and additional departments that you want to add.
5. Select Add.
6. Additional level will be displayed showing other departments.
7. To assign your accounts and services to hierarchy, access Managing Accounts/Services knowledge article.
Deleting a cost centre
You can permanently delete any cost centre in a hierarchy structure.
If you delete a top level cost centre, all levels below will be deleted too.
1. Select Setup tab.
2. Go to Hierarchies section and select Cost Centres.
3. Select the cost centre name you want to delete (this will change to bold).
4. Select Delete.
5. Select OK.
6. Confirm cost centre removal by selecting OK.
Editing cost centre descriptions
Edit the cost centre name and GL codes at any time.
1. Select Setup tab.
2. Go to Hierarchies and select Cost Centres.
3. Select cost centre name to edit. (cost centre name will change to bold)
4. Select Edit.
5. Enter new name of cost centre.
6. Add GL code or Descriptions 1 and 2.
7. Select Save.
8. New cost centre description name will appear in hierarchy list.
Moving cost centres
You can re-arrange or move any cost centre to another level in your hierarchy.
1. Select Setup tab.
2. Go to Hierarchies section and select Cost Centres.
3. Select the cost centre and any subsequent levels you want to move.
4. Select Move in the top menu or select the cost centre for menu options.
3. Choose the destination for the cost centres by selecting drop down menu.
4. Select Ok.
5. Confirmation page will appear listing new destination of where cost centres will be moved.
6. Select OK.
7. Cost centres will show in new destination.