Chargeback- Critical To Your Survival

Get A Spending Report

Spending reports are the best place to begin to determine the cost basis for Labor, Material, and Overhead. If you do not receive a spending report each month from your financial organization, check with your upper management to see if they get a report, and finally check with finance to get their assistance. Begin by reviewing your expenses for the last 12 months and calculate the monthly average for each account. Divide the accounts into one of the three categories (Labor, Material or Overhead) and find the sum of each category for the average month.