Skip to main content

How to Manage Cost Centers in Rewaa

Learn how to add and manage cost centers to track expenses and improve your financial decisions.

Updated today

Cost centers are an effective way to track and analyze your business expenses. They help you collect and monitor costs related to a specific department or branch. While cost centers don’t directly generate profits, they enable you to manage expenses efficiently. In Rewaa, you can easily add and use cost centers.


How to Add Cost Centers

  1. Go to Settings > Finance > Cost Centers.

  2. Click New Cost Center.

  3. Enter the following details:

    • Category Name (e.g., Riyadh Branch Costs).

    • Category Options (e.g., Marketing & Advertising, Employee Salaries).

  4. Click Save.

ℹ️ Note: You can use cost centers in Purchase Invoices, Expenses, and Journal Entries.

How to Use Cost Centers

When adding purchase invoices, expenses, or journal entries:

  1. Click the arrow next to Cost Centers.

  2. Select the required cost center.

  3. Click Assign.


Manage Cost Centers

Edit a Cost Center

  1. Go to Settings > Finance > Cost Centers.

  2. Click the 🖊 icon.

  3. Edit the details:

    • Category Name

    • Category Options

    • Add a new cost center (➕)

    • Delete a cost center option (🗑️)

  4. Click Save.

Delete a Cost Center

  1. Go to Settings > Finance > Cost Centers.

  2. Click the 🗑️ icon.

  3. Click Delete to confirm.

⚠️ Warning: When deleting a cost center:

  • Previous transactions linked to it (such as purchase invoices and expenses) will not be affected.

  • However, you will no longer be able to use it to filter results or track costs in future transactions.


FAQs

  1. How can I track cost centers?
    From financial reports, you can filter results by the required cost center.

  2. Is there a limit to the number of cost centers?
    No. You can add as many cost centers as you need.

  3. Can I assign multiple cost centers to purchase invoices or expenses?
    Yes. You can select more than one cost center.

  4. Can I add a cost center after saving purchase invoices or expenses?
    Yes. You can assign a cost center later to invoices, expenses, or journal entries.

  5. If I change the name of an existing cost center, will it update in previous transactions?
    Yes. The updated name will automatically reflect on all previously assigned cost centers.

  6. Can I restore a deleted cost center?
    No. Deleting a cost center permanently removes all its data.

  7. Does deleting a cost center affect financial reports?
    No. The amounts remain unaffected, but you can no longer use it as a filter in reports.

Did this answer your question?