Cost Center

The name of the Cost Center to which the resource is attached to.

A Cost Center is defined as a component in an organization that adds to the cost and indirectly adds to the profit of the organization. Examples include Marketing and Customer Service.

A company can classify a business unit in three ways − Profit center, Cost center, or Investment center.

Cost Centers are the main tool used in Sciforma to manage the budget and reconcile costs.


Cost Centers have to be defined by the Administrator in the System Data workspace, Cost Centers tab.