Understanding Cost Centers in Resto iQ

Cost centers help track and manage expenses by categorizing costs into specific areas like labor, food, utilities, etc. This allow sfor better budgeting and financial control, ensuring resources are used efficiently.

Overview

Cost centers help track and manage expenses by categorizing costs into specific areas like labor, food, utilities, etc. This allow sfor better budgeting and financial control, ensuring resources are used efficiently.

 

Upon clicking the "Add cost center", users may just enter the name of the cost center. No other details are requested upon creation.

When satisfied, select "Create".

 

Upon creation, the new Cost Center Name will be displayed onto the main table.