It is useful to be able to create and report budgets for each profit center.
The advantages include:
- The income statement (profit and loss) can be reported for each profit center.
- The report can be generated for a selected group profit centers, or for all profit centers.
- In the same way the cash flow report can be generated per profit center, per group of profit centers, or for the entire company.
- Typically the balance sheet will be shared by all profit centers.
Visual Cash Focus Gold edition is designed to produce and report budgets per profit center.
A free trial is available to qualified businesses here.