A cost center can be defined as a unit of an organization that incurs cost to the company without directly contributing to its revenue. These units are usually considered for financial and accounting purposes. Cost centers ensures a proper record of all the expenses related to a team or multiple teams.
Go to Org(1) tab from the left navigation pane, then go to Org Structure(2) tab, then click on Cost Center(3).
In the cost center section you can find an option of Add Cost Center(4) click on it to create new cost center.
Once you click on Add Cost Center, a pop-up will appear on your screen.
Add the Cost Center Name(1), Code, group email id of the cost center and description to it. Click on Add(2).
A new cost center will be created by following the above mentioned procedure.
Once the cost center is added, here is how we can assign it to an employee
-Assigning cost center in bulk
-Assigning cost center individually
1. Assigning cost center in bulk
Select one Cost center (1) from the list, then go to the Employees tab (2), then click on Bulk Assign Employees(3)
Once you click on Bulk Assign Employees, you will have an option of Download the Excel template(1) click on the hyper link and add the information to the excel sheet. Now upload the updated excel sheet using the option Upload Excel File(2).
In the next tab match the columns and ignore any column if you do not wish to import. In the last tab you can have preview of the data that is being uploaded.
Alternatively, you can also perform the bulk import from the Quicklinks section in dashboard.
Go to Org (1) section from the left navigation pane, then go to the Dashboard tab (2), then click on Summary (3)
Then go to Quicklinks(1) and click on Import Employee Job Details(2)
Once you click on Import Employee Job Details, you will be redirected to Upload Data screen
Click on the hyper link Excel Template(1) and add the information to the excel sheet. Now upload the updated excel sheet using the option Upload Excel File(2). In the next tab match the columns and ignore any column if you do not wish to import. In the last tab you can have preview of the data that is being uploaded.
To understand the process of importing employee data using an excel sheet in detail, click on the link below.
Importing Employee data using Excel files on the Keka HR portal
2. Assigning cost center individually
Search for employee name in the global search bar(1) whom you would wish to assign cost center, go to the Job tab (2), and on the right-hand corner there is a section of Organization. In that, click on the pen icon beside Cost Center (3).
Once you click on the pen icon, you can provide the New Cost Center(1) name from the drop down.
Entering a note mandatory, after providing the necessary details, Click on Update(2).
Now, you can find the updated cost center name reflecting in the employees profile.
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