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Budget Planning·지원 코드BUD-007 관리자 / 담당자용

What is a Cost Center?

Cost center is a unit used to track where expenses occur within a company.

A cost center is an organizational unit used to collect and track costs. Unlike a profit center, a cost center does not directly generate revenue — its purpose is cost visibility and control.

Examples

Cost centerTypical costs
SalesPersonnel, travel, entertainment for sales activity
ITSoftware, servers, maintenance
Tokyo officeRent, utilities, supplies
Project AOutsourcing and materials for a specific project

Using cost centers in WorkVell

  1. 1.Register: Admin → Budget Management → Cost Centers (code, name, parent, owner).
  2. 2.Link budget lines: assign each expense line to a cost center.
  3. 3.Compare with actuals: linked to expenses and payroll for real-time budget vs. actual.

FAQ

Is a cost center the same as a department? Not necessarily — one department may split into several cost centers (e.g., by project), or several departments may roll up into one.

Can I use budgets without cost centers? Yes. You can budget at the company or department level and adopt cost centers later as you scale.

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관련 문서

Cost Center Analysis and Budget vs. Actual Comparison

Set up cost centers, allocate expenses to them, and run budget vs. actual variance reports.

Creating Budgets and Allocating by Department

Set up an annual budget and allocate amounts to departments and cost centers.

Budget vs. Actual and Variance Analysis

How to track actual spending against approved budgets and analyze variances in WorkVell.

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How to Submit a Budget Request

The end-to-end process for submitting a department budget request and getting it approved in WorkVell.

Handling Budget Approvals and Rejections

How to revise a rejected budget request and how to submit a revised budget after approval.

Original Budget vs. Revised Budget

Original budget is the plan set at period start; revised budget reflects mid-period changes.

Creating Budgets and Allocating by Department

Set up an annual budget and allocate amounts to departments and cost centers.

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Personnel Cost Budgeting

How to create personnel cost budgets and track actual spending.

How to Use the WorkVell Help Center

How to search, browse, and contact support through the WorkVell Help Center.

High-Cost Medical Care Benefit

How the high-cost medical care system limits out-of-pocket medical expenses.

Visualizing the True Cost of Turnover

How to estimate the full cost of employee turnover including recruiting, training, and lost productivity.

External Training Records and Cost Management

WorkVell lets HR track external training attendance, expenses, and outcomes — and manage training budgets and reimbursement flows.

Recruitment Cost Analysis Reports

How to analyze recruitment costs including job boards, agencies, and interview time.

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