The cost center contains the expenses of the company that don't generate profit but are needed to support the operations that do add to the cost of doing business.
Features
Map Moss dimensions to Xero tracking categories
Assign cost centers to teams for accounting automation
Benefits
Expense segmentation into tracking categories allows for greater control and analysis of total costs.
Linking cost centers to teams mirrors the standard use case of cost centers and saves time as all spend will automatically be assigned to the cost center of the spender
How to sync cost centers from Xero with Moss
When setting up Cost Centers, click “Sync now” on the ”Accounting Integration” tab.
The list of tracking categories is loaded from Xero. Choose what category to use as “Cost Center”.
As a next step, you can get values from the selected tracking categories. Go to the “Cost Centers” tab and click “Sync now” on each category to get values available from Xero.