Creating & Managing Cost Centres
To request a new cost centre for your department or project, please submit completed forms to email@example.com.
Cost centre forms are available on the Client Advisory Services shared Google Drive provided to your Faculty or division financial contact. Once approved, your cost centre will be set up in the Financial Information System (FIS) and you’ll be notified via email.
Revising an existing cost centre
To revise an existing cost centre, please contact firstname.lastname@example.org. (external link)
Closing a cost centre
To close your cost centre, please ensure that:
- The cost centre balance is at zero;
- There are no outstanding accounts receivable invoice balances;
- No encumbrances remain;
- All prepayments and advances have been cleared.
Please note that you can determine if prepayments or advances exist if your cost centre has the account codes 7305, 7306 or 7711 and a balance attached to them.
Once you have addressed the above items, please email a request to email@example.com and we will confirm that the cost centre is closed.