Effective intra-company charging will help you to get optimal utilisation of available internal resources, whilst ensuring you maintain accurate accounting for cost and profit.

V1 Professional Services Automated (PSA) Intra-Company Charging is a powerful, complementary module to Billing Manager.

The V1 PSA Intra-Company Charging module uses profit centre logic with each office, department or region able to have its own discrete configuration where it defines rules for charge rates, resource cost rates and margins.

Intra-company charging allows all employees or resources to be assigned to a specific profit centre and their intra-company transfer rate established. Employees simply record their time against the projects they are assigned to, using Time and Expense Manager. V1 PSA Intra-Company Charging will automatically ensure the correct allocation of cost, revenue and profit when an employee or resource is deployed on a project on behalf of another profit centre.

Features

Fully Configurable
No matter what the structure of your organisation looks like, simple or complex, the module can handle it. You set up your company inside the software in the way you want it, to suit your needs exactly.

Recovery
You decide if you generate an invoice or just cross-charge the costs in the form of a transfer.

Charge/Transfer Rates
You can charge or transfer costs by different criteria to suit the project or the cost being charged - by resource, role, activity, date, project or client. Transfer rates can be based on fixed hourly rates, percentage of final client fee or percentage uplift of cost. Expenses and disbursements may also be cross-charged with configurable transfer cost rules.

Approvals
The online approvals process is tremendously flexible, offering two levels of approval and escalated notification of invoice adjustments.

Delivery
You choose how invoices or charges are delivered - paper, PDF or intra-companyposting. Reporting The system tracks and reports on intracompany work in progress (WIP).

Contact us now

888-849-8168 | hello@WeAreV1.com

At V1 we are committed to helping you streamline your business.

For more information on our solutions and how they could benefit your company, either call us directly, use the form or send us a quick email.

WeAreV1 Privacy Policy

Opting in for additional information is not required to receive a reply from WeAreV1

Public, private, single, multi – which cloud is right for you?

You have made the decision to use the cloud. A wise move! You are joining the 90% of enterprises that, according to IDC, will use multiple cloud services and platforms by 2020. We are already seeing the transition with 451 Research predicting that 60% of IT workloads will run in the cloud by 2019.

AI at the heart of regaining time for business intelligence - says V1

Artificial Intelligence (AI) will augment the intelligence of your business, reinventing core processes to help finance teams regain time and transform their roles into providing high value strategic business insight. This is according to cloud connected finance automation company V1, which has today partnered with AI company solv.ai to ensure its customers benefit from the latest technology innovations, billed as the next industrial revolution for the sector.