A profit center is a name for a unit or division of a company that directly contributes to the profit of your company by generating it. It affects company's profit directly by generating earnings. Profit centers are crucial when determining which units or departments of the company are the most or least profitable.
Profit centers in Codejig ERP group company units and departments geographically and simplifies the keeping track of inputs of each profit center in the company structure - profit centers are included in the structure of the Invoice, that later is used in a database for Profitability report.
ERP also allows you to create a unique hierarchical structure of your profit centers that is called tree structure. You may create and group required profit centers in any order, creating as many sub-levels as required with a parent-child type of connections.
To go to the Profit center
- On the Codejig ERP Main menu, click the Settings tab.
- Under the Settings tab, click Profit center.
Profit Center: General Area