A cross charge is a sharing of labor resources between different organizations within your firm. For example, a cross charge occurs when an employee from your Northeast Office works on a project for your Southwest Office.
The cross charging process redistributes labor costs and associated revenue when an employee in one organization (the lender) works on a project for another organization (the borrower). The transfer of costs and revenue between organizations allows each organization to match costs with revenue and fairly assess profitability.
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