Cost centers in Dynamics

< Cost centers in...
 * Dutch: Kostenplaatsen in Talent

Introduction

 * In your HR system you need cost centers (Dutch: Kostenplaatsen) to assign costs (compensation, employee development, cars, sickness, etc.) to a certain cost center.

You want cost centers in your HR system to assign costs related to compensation

Interface

 * Cost centers are often maintained in a financial system.
 * It is a best practice to build an interface from your HR system to the financial system, so you can register cost centers in your HR system.
 * In the current situation Microsoft doesn't provide an out-of-the-box interface. We hope to get an out-of-the-box interface after Talent will connect to CDS 2.0 (summer 2018).

Improvements

 * We also hope that Microsoft will

Financial dimensions

 * Most companies will probably assign cost to operating units. In the current out-of-the-box version of Talent you can only register financials dimensions to a position, not to an operating unit. See Improvements for more info.


 * In Talent you have the possibility can register a financial dimension for a position and the employment of a worker. See Financial dimensions in Talent for more info.

Implementation

 * Is there are need to register cost centers in your HR system? Cost centers can be needed for an (payrol-) interface or cost centers are needed in HR reports.