Cost centers, allocation and operating cost
Revenue and expenses are classified by cost center and P&L category. Shared expenses can be allocated, and the operating cost dashboard shows cost per sample and margin for each period.
Illustrative system screen. Demo data that does not represent client results.
What you'll find in this area
Tree of categories.
P&L categories follow a hierarchical structure set up by the laboratory.
Expense allocation.
An expense can be allocated across departments by percentage, by fixed amount or by invoice line.
Allocation templates.
A frequently used allocation can be saved as a template and applied to future bills.
Operating cost by period.
The dashboard brings together sampling, supplies, staff, equipment, solution preparation, subcontracting and overhead costs, with cost per sample and margin.
Completed and unbilled services.
A report lists completed work orders that do not have an invoice yet, with filters by client and period.
Projects with margin.
Revenue and expenses can be linked to projects to track each one's margin.
Filter by cost center.
The P&L and the budget can be viewed by cost center, in addition to the consolidated view.
Cost by period as support for pricing
With costs recorded and allocated, the laboratory tracks how much each period cost and where spending changed.
Cost per sample.
Costs by category and the number of analyses in the period show the average cost per sample.
Change between periods.
Comparing with the previous period highlights the cost categories that changed the most.
Frequently asked questions
How do I know what each analysis costs?
The operating cost dashboard shows cost per sample and margin for each period, based on the costs recorded. How accurate the number is depends on the allocations and records kept by the laboratory.
How do I allocate an expense across departments?
By percentage, by fixed amount or by invoice line. The allocation can be saved as a template for future bills.
Can I see services delivered but not yet billed?
Yes. The unbilled services report lists completed work orders with no linked invoice.
See finance with your laboratory's routine
In the demo, we show a completed work order reaching billing, accounts receivable and the management view. We also check which tax routines and integrations apply to your case.