Chart of Accounts

"What do you mean you coded window cleaning to utility costs because there wasn't a suitable code and it involves water?"

Anyone else love finding the weird and wacky places service charge costs get coded to because there's not a suitable expenditure code in your Chart of Accounts? No... me neither!

In most organisations we work with, there's a need to review the Chart of Accounts as a building block to better coding, better financial management and therefore, better service charges. If you're struggling with the quality and accuracy of your cost capture for service charges, this could be a good place to start.