How to Set Up Financial Management › Departments

Departments

Departments represent units in the organizational structure of your company.

A department can be set up as one of the following:

• IT Provider. The department owns investments or services that other departments can subscribe to.
• IT customer. The department subscribes to investments or services provided by an IT provider department.

Use the following process to manage your departments and subdepartments:

• Create departments.
• Edit departments, if needed.
• Define the department budget.
• Manage department locations.
• Manage department resources.
• Manage department investments.