In today’s business environment, organizational growth is partially determined by efficient control and management of costs and business spending. Cost centres such as HR and accounting are integral to any organization and must be regularly monitored for comparing the actual expenses in comparison to the budget expenses.
On its part, the SAP Business One solution features a Cost Accounting module where you can define the cost centres and generate accounting reports.
To control the consumption of the allocated budget in cost centres, the SAP Business One solution provides a budget availability control for cost centres which supports all business processes ranging from budgeting rights to posting costs.