A somewhat more accurate method would be to
allocate general expenses to a matter in proportion to the matter's share of direct margin.
Part 2 discusses
allocating general expenses to matters and issues arising in calculating profitability by other sub-units, such as by client, practice area, office and lawyer.
This Part 2 discusses
allocating general expenses to matters and issues arising in calculating profitability by other sub-units, such as by client, practice area, office and lawyer.
Not exact matches
Recommending Borough
Expense Budget Expenditures (
allocating the borough's share of 5 percent of «discretionary increases» in the city's
general fund)
Joe Morrissey, an auditor for the state's inspector
general, said his probe of bank statements and receipts showed that Wills blew some $ 21,000 on personal
expenses from $ 33,000
allocated to his New York 4 - Life nonprofit from the state Office of Children Family Services.
Once you have all this information, you will be able to gain a clearer picture of your finances and how much of your income is
allocated towards bills and
general living
expenses.
The portion of occupancy
expense for an office relating to administrative (non-time keeper) staff performing functions for the firm as a whole should not be
allocated this way, but rather should be
allocated in the manner used for
general expenses, as will be discussed in Part 2 of this post.
General business
expenses can be
allocated to different profit centers (set as «classes»).