What is the difference between a Cost Centre and The “Project” and “Department” fields in the Nomina
In any Financial software, the coding structure is the key to unlocking superior business analytics and KPI’s - using all of the available levels to report on can help to paint a far more accurate picture of cost analysis, departmental spend vs budget and forecasting.
The Pegasus Chart of Accounts has a variety of levels which have increased over time.
A) In the early days the software had 3 core levels in the nominal ledgers:
B) Then Pegasus added the ability to break sales down further by Cost Centre
C) Then Pegasus added the ability to break down the analysis even further using the advanced Nominal [...]
You can find the full version of this article in our Support Portal. Click here
If you are not an Intsys Client you can ask for a 1 month free trial of the Support Portal and get immediate access to hundreds of help guides, training videos and frequent resolved issues. Read more