Is a Cost Center Automatically Created for Each Project?

Yes, a cost center is automatically created for each project. Once the project is successfully created, a cost center with the same name as the project title is automatically generated under the main cost center folder selected in the project creation form (the “Parent Cost Center” field).

The final structure of this cost center depends on the value selected in the “Cost Tracking Level” field when creating the project:

• If the selected level is “Project”, the project’s cost center is a single file (account) under the selected folder.
• If either of the other two levels (Work Item or Items) is selected, the cost center is a new main folder instead of a single file.