Telecom Cost Allocation - GL Code Allocation

One of the key ways to keep track of your telecom expenses is to setup proper cost allocation for each expenditure. 

With our web-based telecom management software Clearview, telecom costs can can allocated to specific GL codes enabling reporting of costs by department, location, employee etc.  This will help your organization better understand where specific charges are originating.

Clearview assists in this task by allowing very granular telecom cost allocation. The tool can store your accounting codes and then associate them with individual types of charges incurred by individual inventory items.  For example, the voice portion of a cell phone's charges could be set to allocate to one code, and the data portion to another. Or, the voice portion could be split by percentage over 5 codes.

This can cover a variety of telecom expense types:

  • Wireline costs - a phone sitting on a desk
  • Wireless costs - a cell phone plan or the device itself
  • Internet service - wireless data plans or home internet connections
  • Other items like calling cards or pagers

Then, once the data is entered, it can be set to interface with the client's AP system so that the charges flow to the codes that are already setup.

As always, you can choose to take advantage of Valicom's powerful TEM softwaer Clearview either through our on-demand subscription service or as part of an outsourced business process.

 

Next Steps: