Adding a new cost allocation

This functionality is only available if you are an Admin user

To add a new cost allocation, on Yordex

  • Go to the ["Settings" > "Cost allocations"] 
  • Click on ["+ New Cost Allocation"]

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  • Complete the form which has been set up for your account. An example of how this can appear is shown below. 
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  • When you are done select ["Save Cost Allocation"]

We recommend you to only set up the cost allocations your users will actually need, not your entire chart of accounts. That makes it easier for users to find the right cost allocation to charge to.

Cost Allocation groupings

Cost allocations can be organised in hierarchies. For example, you can group them by department, legal entity, project or customer.

Please contact us to set this up.

Once set up, only cost allocations at the Account Code level can be added or updated online as described in this article.

Adding Cost Allocations from Xero

Xero users can also sync their Cost Allocations with Yordex and select which accounts they want to use in Yordex. To do so, you will have to ensure your Yordex is connected with Xero as outlined in this article.