GL Coding and Cost Allocations
Automated Parcel GL Coding and Shipping Cost Allocation
Gain Accurate Financial Visibility Into Your Shipping Costs
PMAC’s GL coding and cost allocation services help businesses organize shipping expenses by department, location, project, or cost center. By automatically assigning parcel charges to the correct general ledger accounts, your organization gains clearer financial reporting and better control over logistics spending.
Key value points:
- Without exception, PMAC currently provides the most complex GL Coding Schema to some of the largest public and private companies in the United States.
- Automate parcel cost allocations
- Improve financial reporting accuracy
- Track shipping costs by department or location
- Simplify accounting and reconciliation
Why Parcel GL Coding Is Important
Shipping costs are often spread across multiple departments, locations, and operational units. Without proper cost allocation, it can be difficult to understand where shipping expenses originate or how they affect profitability.
Many organizations struggle with:
- Budgeting concerns at corporate and departmental levels
- Manually assigning shipping charges to accounting categories
- Limited visibility into departmental shipping costs
- Complex invoice reconciliation processes
- Inaccurate or incomplete financial reporting
What Is GL Coding for Parcel Shipping?
Automated Cost Allocation for Shipping Expenses
General Ledger (GL) coding is the process of assigning shipping charges to specific accounting categories within a company’s financial system.
PMAC’s GL coding solution ensures that parcel shipping expenses are automatically categorized according to your organization’s accounting structure.
Without exception, PMAC currently provides the most complex GL Coding Schema to some of the largest public and private companies in the United States.
This allows finance teams to track shipping costs across:
- Departments
- Business Units
- Locations
- Projects or Clients
- Cost centers
Key Benefits of GL Coding and Cost Allocation
Improve Financial Reporting
Gain Department-Level Cost Visibility
See exactly how much each department, location, or cost center spends on shipping.
Reduce Manual Accounting Work
Improve Budget Planning
Support Strategic Decision-Making
Capture Hidden Charges and Surcharges
We identify accessorial fees, new carrier charges, and surcharges as they show up and code them to the right department, so nothing slips through unallocated.
How PMAC GL Coding Works
The PMAC GL Coding Process
Corporate GL Schema
Detailed review of all GL Schema, assessment of customer needs and possible implementation of new ideas.
Accounting Structure Setup
PMAC works with your finance team to configure coding rules that match your accounting and reporting structure.
Automated Cost Allocation
Shipping charges are automatically assigned to the appropriate GL codes, departments, or cost centers.
Data Integration
The coded data can be integrated with your accounting or reporting systems for streamlined financial management.
Reporting And Insights
Detailed reports provide visibility into shipping costs across your organization.
The PMAC GL Coding Process
-
01
Corporate GL Schema
Detailed review of all GL Schema, assessment of customer needs and possible implementation of new ideas.
-
02
Accounting Structure Setup
PMAC works with your finance team to configure coding rules that match your accounting and reporting structure.
-
03
Automated Cost Allocation
Shipping charges are automatically assigned to the appropriate GL codes, departments, or cost centers.
-
04
Data Integration
The coded data can be integrated with your accounting or reporting systems for streamlined financial management.
-
05
Reporting And Insights
Detailed reports provide visibility into shipping costs across your organization.
PMAC GL coding service Capabilities
- Automated parcel cost allocations
- Customizable GL coding rules
- Department and cost center tracking
- Detailed financial reporting
- Integration with accounting systems
- Exception reporting for charges that may not be included in current schema
- Support for multi-location organizations
Use Cases
Who Uses Parcel GL Coding and Cost Allocation
Finance and Accounting Teams
Close the books faster with shipping charges already coded to the right GL accounts.
Distribution Centers
Split outbound shipping costs by client, program, or business unit.
Multi-Location Businesses
Allocate parcel spend across branches, warehouses, and stores without manual spreadsheets.
Large Enterprises
Manage complex GL schemas across many departments and cost centers.
Why Finance Teams Choose PMAC
PMAC builds and manages some of the most detailed GL coding schemas in the country for large public and private companies. We know how parcel invoices are structured, where unexpected charges show up, and how to map them to your chart of accounts.
Since parcel auditing and shipping analytics are what we do every day, your coding stays accurate even as carriers add new fees and surcharges.
Key advantages:
Experience with complex corporate GL schemas
Custom coding rules built around your accounting structure
Exception reporting for new or unmapped charges
Clear reporting for finance and leadership
Get Clear, Accurate Shipping Cost Reporting
PMAC’s GL Coding and Cost Allocation service takes the manual work out of categorizing parcel charges. Every charge lands in the right account, department, or cost center, so budgeting and reconciliation get a whole lot easier.
Contact us to schedule a demo.
