Purpose of Cost Center data(cmn_cost_center) in servicenow and where we are going to use this data?

[Balaraju K B]

Hi All,

I have a requirement to store the data in this Cost Center table so, wanted to know the purpose of this Cost center records in the (cmn_cost_center) table?

@Ankur Bawiskar Any idea on this Cost center records purpose and where we are going to use?

Thanks in advance,

Bala

[Robbie]

Hi Bala,

Please find ServiceNow's definition of the Cost Center table.

To help others, please mark correct and/or helpful.

Thanks,

Robbie

https://docs.servicenow.com/bundle/sandiego-it-business-management/page/product/cost-management/task/t_DefineACostCenter.html

"Cost centers are a commonly used reference between financial systems and IT. Cost center records represent business entities, and have a related list of CI Cost Center Relationships that measure the cost center's consumption of business services."

[Balaraju K B]

@Robbie Can you brief in detail please?

[Robbie · Accepted solution]

Hi Bala,

Here's a good link to what a cost center is and how they're used including an example:

https://www.investopedia.com/terms/c/cost-center.asp

You mentioned you have a requirement to use this table to store data. Can you expand please? What is requirement or goal here?

To help others, please mark as correct and/or helpful.

Thanks,

Robbie