Cost centres

Overview

The cost centre feature in TaxLab allows organisations to manage and report on benefit costs by department or project. By default, benefits will be allocated to the cost centre assigned to the employee, but this can be overridden for particular benefits if needed. 

Assign employees to cost centres

Cost centres can be added to an employee record manually, or by importing the cost centres with the corresponding employee information via excel import. 

When you assign an employee to a cost centre, any benefits linked to that employee going forward will automatically inherit the same cost centre. 

Assign benefits to different cost centres

If you manually enter or import a benefit using a cost centre that differs from the one assigned to the employee in the Employees section, the system will associate two separate cost centres with that employee. 

This is useful if you want to charge specific benefits to a different cost centre—for example, if John is assigned to cost centre 1000, but a particular benefit should be charged to 4000.

Push Cost Centres

If an employee has a change in cost centre, with benefits that need to be retroactively updated you can use the push cost centre function.

Cost centres can be pushed to benefits in two ways—either to individual benefits within a category or to all benefits across multiple categories.

Push cost centres to specific benefits within a category

1. Go to the Benefits page and select the relevant Quarter tab.
2. Select the benefit category containing the benefits you want to update.
3. Select the checkboxes next to the relevant benefits.
4. Click the Push Cost Centres button.

Push cost centres across multiple benefit categories

1. On the Benefits page, select the relevant Quarter tab.
2. Select the checkboxes next to the benefit categories you want to update.
3. Click the Push Cost Centres button.

View the cost centre report

The Cost Centre report provides a breakdown of benefit values by cost centre, including both the default cost centres assigned to employees and any alternative cost centres applied to individual benefits.

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FBT import template