Finance
Cost Centre Accounting
Cost centre accounting is a method in controlling that assigns costs to specific organisational units or areas of responsibility. It creates transparency about where costs arise and supports the allocation and analysis of overheads according to their origin. In SAP Business One, it is used to evaluate postings by internal structures and to make the results more useful for planning and management. This helps identify variances earlier and supports decisions on a reliable basis. In conjunction with financial accounting and reporting, cost centre accounting helps distribute overhead costs transparently and monitor cost developments by area, so that decision-makers can recognise more quickly where action is needed.
