Manually allocating costs to different divisions
- 8 months ago
Hi MichaelaH,
Thank you for your response.
To allocate costs further within your divisions, you can add a new line item to another expense account. If there is no option for the specific expense account you need, you can create a new account from the chart of accounts. Kindly refer to this Help article, Adding, Editing, and Deleting Accounts.
It's important to consult with your accountant when creating or adding an account for cost allocation. They can provide valuable advice to ensure the account is set up correctly and aligns with your financial reporting needs.
Feel free to create a new post again if you need further assistance.
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Cheers,
Princess