Ulyses Cloud also allows us to create cost centers in order to evaluate which areas or activities generate more expenses, and thus prepare and distribute the budget based on the results obtained.
Assign a default cost center to a product
Definition of cost centers
A cost center refers to each of the hotel departments that are essential for the productive system.
These centers generate expenses for the company, but they also generate benefits indirectly.
They are usually divided into costs of:
- Production
- Services
- Sales or advertising
- Administration
They can also be classified as:
- Main: These are those that are directly involved in the manufacture of a product or the provision of a service. They can be classified as operational (production) and non-operational (cost of sales, for example)
- Auxiliary: Those that generate indirect costs such as maintenance, security, IT, etc.
How to create cost centers in Ulyses Cloud?
To create cost centers, go to:
- Property Settings > Product > Cost Center
- Select “New cost center.”
- Decide whether to import a value created at the chain level or create a new one at the property level.
- Create the different cost centers as needed
Is it possible to assign a default cost center to a product so that it is applied automatically when used?
Yes, read more