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A Cost Center is a department or category used to group income and expenses for financial reporting — e.g. Academic, Transport, Hostel, Sports.
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Go to Admin → Cost Centers from the left menu.
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To create a cost center — click + New Cost Center.
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Enter the Name (e.g. Transport), an optional Description, and Sort Order.
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To tag a fee structure to a cost center — go to Admin → Fees → Fee Structures, edit the fee structure, and select the cost center.
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To tag a salary run — when creating a New Salary Run, select the cost center.
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To view financial summary — click the Receipt & Disbursement tab in Cost Centers.
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Set a date range (From / To) and click Apply.
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The summary shows Total Receipts, Total Disbursements, and Net Position for each cost center.