What are expense allocations for?

An Expense Allocation is used to capitalize expenses, such as handling charges, storage fees, or late freight bills, into the value of existing inventory items after they have been received.

This process will allow an expense or expenses to be added to one or more inventory items and distributed evenly among the items selected. The expenses are then posted as usual from the AP Ledger and the costs are added into the value of the inventory items. It is important to note that an Expense Allocation cannot be performed on inventory items that have already been sold.

To learn more about creating an Expense Allocation, please read more here.

If you have additional questions, please contact the Support Team via email to support@cietrade.net.