---
title: "Creating or Importing Cost Centers"
description: "Cost centers that have been created for reporting entities in Consolidation & Financial Planning can be imported directly into Lease Accounting. This feature ensures that your financial and lease data are interconnected, allowing for more comprehensive reporting and analysis."
source_url: https://support.lucanet.cloud/en/documentation/lease-accounting/basic-configuration-lease-accounting/import-cost-center
language: en
last_updated: 2023-08-16
---
# Creating or Importing Cost Centers

## Overview

**Cost centers** that have been created for reporting entities in **Consolidation & Financial Planning** can be imported directly into Lease Accounting. This feature ensures that your financial and lease data are interconnected, allowing for more comprehensive reporting and analysis.

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Users with a standalone license for **Lucanet Lease Accounting** can create cost centers directly within Lease Accounting, rather than importing them. This process is described in the last section of this article.
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## The 'Cost Centers' Workspace

The **Cost Centers** workspace shows all the cost centers that have already been imported from Lucanet Consolidation & Financial Planning:

The 'Cost Centers' Workspace

## Importing Cost Centers

To import cost centers from Lucanet Consolidation & Financial Planning:

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Click **Import from CFP**. The **Import from CFP** dialog is displayed:

'Import from CFP' dialog

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Click **Import from CFP** to confirm the message and carry out the import.Once the cost centers have been imported from Consolidation & Financial Planning, the cost centers will be displayed in the overview table.

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{% warning-box %}
To ensure that cost centers created or updatedin Lucanet Consolidation & Financial Planning **at a later date** can be used in Lease Accounting, carry out a **new import** as described above.

When another import run is executed, only those cost centers that have been created or updated since the last import will be added.
{% /warning-box %}

## Creating Cost Centers

Users with a standalone license for **Lucanet Lease Accounting** can create cost centers directly within Lease Accounting, rather than importing them.

To create a cost center in Lease Accounting:

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Navigate to the **Cost Centers** workspace under **Settings** and click **\+ Add cost center.**

Adding a cost center
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Specify whether the cost center is related to a reporting entity.

If yes, a **Reporting entity** field will appear. Select a reporting entity from the drop-down list.

Cost center related to a reporting entity
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Enter the **name** of the cost center.
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Click **Save,** then **Create** in the **Create Record** dialog to add the cost center.
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