Tags Used in Articles on User Friendly Consulting

Cost Center Coding

This tag is used on articles that discuss Cost Center Coding. Cost Center Coding is the process of assigning an expense to a Cost Center. A cost center is a department within an organization that does not directly add to profit but still costs the organization money to operate. Cost centers only contribute to a company's profitability indirectly, unlike a profit center, which contributes to profitability directly through its actions.