Answer / naveen

Cost center is useful to determine the total cost of a
particular dept/biz center, for a given period[may be
monthly,quarterly or annualy] in order to analyse the past
trend and to use for budgeting/forecasting purpose for a
particular center

Answer / kiran

it helps in ascertaining d over all cost of each department
in the company

Answer / apeksha

A unit or organization for which costs are accumulated or computed.
Cost centers are used to account for related revenues and expenses.

Answer / gsrao

we Generally assign these qualifiers to "DEPARTMENT" segments where costs are spend or even gain

Answer / bala

Cost Center is useful for Asset and Project modules. A
Cost centerwise report is also available in Assets .

On account credit memo in AR needs to refunded, How ? and what are the steps required?

2 Answers  

---

what is the accounting convention? what are they?

1 Answers   IBM,

---

what diff b/w security rulues and cross validation rulues

9 Answers  

---

Re: what are the Issue that we face in Gl,PO and AP while Supporting

0 Answers   APC,

---

At the receive system creates accounting entries. Are those entries created in Purchasing or Inventory module. What is the program that you run to transfer accounting entries from purchasing to GL?

1 Answers  

---

---

What is the formula for funds available?

1 Answers  

---

difference between tds and income tax (India)

0 Answers  

---

What is the difference between Operating ID and Org. ID.

4 Answers   Aurobindo,

---

What are the types of receipts?

9 Answers   Godrej, IBM, TCS,

---

how to set the interset for the supplier?

3 Answers  

---

What is ment by leased asset?

2 Answers   Chartered Accountant, Sierra Atlantica,

---

AP entry's tansfer to gl but amounts not matched? what to do? How to correct it?

3 Answers   FCS, Hexaware,

---