Cost centers are similar to general ledger departments. Typically cost centers represent greater detail than departments where several cost centers are cross-referenced to one department. Phases Activity within cost centers is represented by phases. Phases can be revenue, labor expense, materials, etc. Typically, phases represent greater detail than GL accounts where several phases are cross-referenced to the same GL account for automatic posting.
Users establish and modify ranch names and assign fields to the individual ranches.
Fields Fields represent physical fields on a farm or ranch and contain information about the physical site. Crop Years Start and end crop years at any time. Vary crop years by commodity. No special entry programs, with the exception of initial setup, are used for Cost Accounting. Direct entries can be made to cost centers via general ledger journal entries.