Total cost to perform the process "perform general accounting" per journal entry
This measure calculates the total cost per journal entry processed to perform the process "perform general accounting," which consists of managing an organization's ongoing financial records. A journal entry is the record of an accounting transaction. An entry is first made in a journal and then posted to the general ledger. A journal entry includes date, accounts debited and credited, and a brief description of the underlying transaction. The total cost is the sum of outsourced, overhead, personnel, system, and other costs. This measure is part of a set of Cost Effectiveness measures that help companies understand all cost expenditures related to the process "perform general accounting".
Benchmark Data
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Compute this Measure
Units for this measure are dollars.
Total cost to perform the process "perform general accounting" / Total annual number of journal entries processed