In the healthcare context, Avant-garde uses "time-driven" costing to assign expenses to treatment.
8 A common myth is to use charges as a good surrogate for costs, 8 either by multiplying total charges with cost-to-charge ratios 10 or by assigning expenses to procedures and patients with relative value units.
The credit card purchase explanation form is completed by the credit card holder to assign the expenses to an appropriate cost object.
The FCC's "Big Freeze" assigns all expenses as if it was the year 2000, literally.
The inspector general concluded that Ward used government funds to pay for personal travel expenses; assigned staff to run errands for him and his wife; and accepted meals and Broadway tickets from a defense contractor, in violation of Pentagon rules.
Every angle should have its own budget assigned and unnecessary expenses should be avoided.
IMPORTANT: You must assign an expense approver before you can route a report through Concur.
The idea is to try to accurately assign every expense of an organization to the exact activity that created that cost.
Hypothetically it could be that money withdrawn from the hole-in-the-wall is assigned to your everyday expenses and so has a low budget constraint.
Now division A, with 20,000 customers who each order once a month, gets assigned a much higher expense than division B, with 500 customers who each order twice a year.
