Cost allocation across multiple cost centers in SPM Projects
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43m ago
Hi everyone,
We are currently implementing ServiceNow SPM for a customer and we have a specific requirement regarding cost allocation.
In some projects, the financial team needs to split the project costs proportionally across two (or more) cost centers, based on a predefined percentage.
However, as far as we can see, every expense line in SPM is associated to a single cost center, which means we cannot directly represent a proportional distribution for the same expense.
Has anyone implemented a solution where:
A single project cost (labor or non-labor) can be allocated to multiple cost centers?
The cost split is driven by a percentage or distribution rule defined at the project level?
We would love to hear about any best practices, plugins, workarounds, or customizations you have used to achieve this.
Thanks in advance for your help!
