Page Comparison

...

This guide explains how to setup set up the other costs in Head Office.

These costs are costs incurred as a business and that have to be distributed through the assigned to Outlets, for example a Head Office Cost such as Marketing can be distributed through the outlets Marketing, Management Fee and Depreciation.

Assumptions

Outlets need to be setup and the cost categories setupThe cost is not in another cost type and outlets will not incur a cost twiceset up

Costs should not be assigned to an outlet via Head Office Other Costs if an invoice for the same cost is added in the finance module.

Where to find this

Click OUTLETS  > SETUP > MANAGE OTHER COSTS NAMES

Step-by-step guide

Step 1. Click add

Fill

in the wizard as follows,Complete as below:

Other Cost Name: The name of the cost name

Type: Credit or Debit

Finance Code 1: this is an optional field

Finance Code 2: this is an optional field

VAT : Tick box if the cost has VAT

Step 2. Allocate the cost to the outlets

Click on FINANCE > CLIENT ACCOUNTING >Head office costs

Related articles

Trading ReportOnce set up, Other Costs can be archived if required.