Profit Centers

A profit center is a designation of the purpose for which money has been drafted. For example, you may have a profit center called "Drinks" that includes catalog items like bottled water.

The Manage Profit Centers page (Setup > Inventory Setup > Manage Profit Centers) lists profit centers with their description and the number of catalog items assigned to each profit center. On this page you can create a new profit center or edit existing ones.

 

Create a New Profit Center

To create a profit center:

1. Open the Setup Menu.
2. From the Inventory Setup submenu, select Profit Centers.
3. Click Create in the top right corner of the page.
4. Enter a name for the profit center in the Name field.
5. Enter a description for the profit center in the Description field.
6. If necessary, enter the general ledger code in the GL Code field. If you do not have a general ledger code for this profit center, leave this field blank.
7. Select a profit center group for this profit center from the Profit Center Group drop-down menu.
8. In the Catalog Items section of the page, click Add to add catalog items to this profit center.

   Adding an item to a profit center will remove it from its current profit center.

9. The ADP section of the page is reserved for clubs using the ADP payroll system. If your club uses ADP and you have an ADP Profit Center Code and Earnings Code, enter them here. Otherwise, leave these fields blank.
10. Click Save.
    The profit center has been created.