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Optimized Expenditure Distribution among Cost-Centers and Departments: A Key to Profitability
Expenditure distribution among departments, locations, or cost centers plays a crucial role in monitoring cash flow and managing returns against expenses for industries. Typically, industries create budgets based on cost centers, locations, or departments. However, certain expenses, like stationery, marketing, and labor, might be incurred at the head office but utilized by various units or…
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