Variable costs are used to split your expenses in different G/L Accounts. Follow the steps below to start using Variable Costs in your system.
- In the Lease Setup page enable the Variable Costs option and enter Variable Cost field labels.
- In the Lease Categories page, enter expense accounts for each used Variable Cost.
- Use page Variable Costs to enter or import variable costs of the current month. You must do this before monthly posting to G/L. For the import, a .txt type file is used, with each field separated by a tab delimiter. Here is an example of how the file can look like - Variable Costs Sample.txt.
- After running the monthly G/L postings, this is how the Variable Costs will appear in the General Ledger: