Cost Centers are an important component of a company's organizational structure and accounting system, allowing for more precise tracking and management of expenses throughout the business.

Creating Cost Centre

Steps to create a cost centre:

1. Log in to the Mysa dashboard

2. Navigate to the Profile setting on the top left of your screen and select "Org Settings"

   

   

3. Go to Cost centre on the left navigation click + Add Cost Centre

   

4. Enter the cost centre name and click create

   

   Note
   1. Cost centre names are Unique
   2. Cost centre once created cannot be edited. They can only be deactivated.

5. Once created cost centres are immediately available to apply to a bill

Deactivating a cost centre

Steps to deactivate a cost centre:

1. Log in to the Mysa dashboard

2. Navigate to the Profile setting on the top left of your screen and select "Org Settings"

3. Go to Cost centre on the left navigation, and navigate to the cost centre thats needs to be deactivated. Toggle the switch and confirm and the cost centre will be deactivated.

   
   

4. Once deactivated the cost centre will sit in the inactive tab. It can be activated back from there.

Changing Cost Centre Nickname

Organizations often use unique labels for their cost centres. To accommodate this, you can assign a custom nickname to cost centre in the system. This nickname will appear everywhere on the platform besides the cost centre.

To update or change a cost centre nickname, please submit a support ticket through our help portal.