Cost Center Master Data Template - Create a Cost Center

Sep 11, 2026

Upload by Paura

Cost Center Master Data Template for Funds Management (FMMI) to create and maintain cost center master data in a structured workflow. Captures requester and approval information, including request number and action types such as add, change, and inactivate. Defines master data elements covering cost center, controlling area, validity dates, name and description length limits, cost center category and hierarchy requirements, person responsible, FMMI user ID, and business area for reporting into balance sheet or profit and loss statements.

LanguageEnglish

CategoryForms

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Requestor Information

ServiceNow Request Details

Cost Center Master Data Elements

FMMI – Funds Management Cost Center Master Data Template Purpose: To create a Cost Center | Requestor Information | | | --- | --- | | Name | | | Date | | | Agency | | | Phone Number | | | Approver | | | ServiceNow Request Details | | | --- | --- | | Request
Number | | | Action | Add: Change: Inactivate: | Additional Information: Cost Center Master Data Elements | Cost Center | Controlling Area | Valid From | Valid To | Name (20 Characters Max) | Description (40 Characters Max) | Cost Center Category | Cost Center Hierarchy | Person Responsible | FMMI User ID | Business Area | Currency | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | USDA | | | | | | | | | | | | | USDA | | | | | | | | | | | | | USDA | | | | | | | | | | | | | USDA | | | | | | | | | | | FMMI – Funds Management Cost Center Master Data Template Cost Center: Cost Center provides information on the costs incurred by USDA. The ability exists within USDA to assign Cost Centers to agencies and/or Managers responsible for certain areas of the business, as well as functional areas within USDA. Controlling Area: The controlling area is the highest organizational unit in Controlling. Valid From: Valid from denotes the date the master data element will be valid from. In the "Valid from" field, define the start of the analysis period. The master data element is valid from the “Valid From” date. Valid To: Valid to denotes the date the master data element will no longer be considered valid. In the "Valid to" field, define the end of the analysis period. Name: Name denotes the actual name of the cost center master data element with more detail than the initial screen field. (Must be 20 characters or less.) Description: Description denotes a more detailed description of the cost center master data element. (Must be 40 characters or less.) Cost Center Category: Categories are used for reports and evaluations, e.g. , production cost center, Service Cost Center, etc. Cost Center Hierarchy: A mandatory object that has to be defined in the controlling area. All the cost centers must be assigned to it. Person Responsible: Name of person responsible for the given cost center. FMMI User ID: The requester’s assigned FMMI User ID. Business Area: Helps to report a balance sheet or Profit and Loss statement has to be created for each line of business for each agency like Farm service, Note: Please refer to Create Cost Center OLHP or the Change Cost Center OLHP for step-by-step instructions on this procedure.

FAQs

What is the purpose of the Cost Center Master Data Template?

It is used to create cost center master data and maintain key attributes needed for Funds Management reporting.

Which actions can be selected in the ServiceNow request details?

The template supports Add, Change, and Inactivate actions tied to the request number.

What validity fields must be provided for a cost center master data element?

Provide Valid From to start the analysis period and Valid To to define when the element is no longer valid.

Sep 11, 2026

Upload by Paura