Financial Management for IT Services

Financial Management for IT Services

a.      Budgeting

b.      IT Accounting

–        Cost Type:  Hardware, Software, People, Accommodation, External Service and Transfer

–        Categorization of Cost Elements:　Fixed, Variable, Direct, Indirect, Capital  and Operational

c.       Charging

-          Charging Options:

         No Charging (IT treated as a support center),

         Notional Charging (IT treated as a cost center),

         Actual/Real Charging (IT treated as a service center)

-          Pricing Options: Recovery of costs, cost price plus, Going Rate, Market Price and Fixed Price