Working with charge-backs

To implement charge-backs, IT personnel must plan how to implement charge-backs at their company. They can then work with the application administrator to configure BMC Asset Management with the appropriate cost centers and time periods.

Configuration administrators specify costs for the current period and they track them against the appropriate cost centers. Costs are also added by purchase requisitions.

When costs are specified for the current period, financial managers review charge-backs, make any necessary adjustments, and print charge-back invoices. Financial managers send the charge-back invoices to the appropriate cost centers for approval, and then send the charge-back information to the accounting department for posting to the general ledger. After the information is received by accounting, financial managers close the current period.

• Adjusting charge-back entries
• Generating a list of charge-back entries
• Implementing the charge-back process during each period
• Planning and setting up charge-back information
• Viewing charge-back entries