Financial Centers

FINANCIALCENTERS

You can use Financial Centers for tracking costing easily and efficiently without having to depend upon ledgers only.

You can create new Financial Center from Financial Centers -> Setup Financial Centers

The report lists all active Financial Centers. You can view or create as many Financial Tracking areas as you may need from here.

Once created, you will now have the option to link any Income/ Expense activity against a given Financial Center.

Eg, you can see in the Record Expense Screen below.

You can link the Financial Centers at the ledger level in the grid below, or for the entire transaction by selecting Financial Center on the TOP at the Header Level.

You will have similar option across all accounting screens so that you can link any expense or income against a given center.

This data is immediately available across all reports. Eg you can see in the Record Expense report below.

At any given time, you can filter for given Center and the details would be made available for you. You can even group by The Financial Center column, filter for a given date range and export the report to get Financial Center wise Total Expense for the given date range.

Apart from the transaction screen, this data is also updated on the Ledgers as well and can be see from all ledger reports.

Eg, you can see in the Ledger Reports Below