With over 30,000 courses across 190 countries, The Knowledge Academy is one of the world’s largest providers of training courses globally. It provides courses in categories such as […]

For example, a manufacturing company may have cost centers such as production, maintenance, and quality control. Direct cost centers are those that are directly involved in […]

If your employer can’t or won’t generate your pay stubs for you, there is another way. Many businesses will give their employees access to an online […]

Yes – Xero uses the weighted average cost method to calculate your COGS for each product. You can then better understand your profit margins and identify […]

As they don’t generate revenue like sales departments, which have clear revenue-based metrics, cost centers don’t have such clear performance indicators. Their performance has to be […]