Chargebacks

Chargebacks represent the inter-account transfers of investment or service costs to departments. Chargebacks debit (or charge) departments for their shared cost of investments or services that were delivered during a specified period of time. A chargeback represents the debit-side of an accounting system. A corresponding credit is issued to departments that provide the investment or service—giving them financial credit for the work they completed.

This section contains the following topics:

How Chargebacks Work

Investment Chargebacks

Department Invoices

Department Recovered Costs