Automating Fair Billing with Water Cost Allocation
Eliminate disputes and automate your internal billing. This page details the Water Cost Allocation tool, a key part of the Augos platform. It enables you to accurately assign water costs to tenants, departments, or cost centers based on real data, ensuring fairness and enabling accurate cost recovery. Learn about our full Water Efficiency solution.
The Function of Cost Allocation in Water Management
Water Cost Allocation is the essential accounting function within our complete Water Efficiency & Loss Prevention solution. It allows you to fairly and accurately assign water costs to specific entities, moving beyond simply monitoring usage to making it financially accountable across your entire property or organization. It is the tool that turns the insights from your Water Cost Breakdown into actionable financial processes.
Ensure Fairness & Eliminate Disputes
By basing charge-backs on actual, measured data rather than arbitrary estimates, you create a fair and transparent system. This avoids internal disputes over resource use and ensures tenants or departments feel confident that they are only paying for what they consume.
Enable Accurate Cost Recovery & Accountability
For property managers, accurate allocation is the key to effectively recovering utility costs from tenants. For businesses, it provides clear financial accountability for water consumption at a granular level, encouraging individual departments to become more resource-efficient.
How the Cost Allocation Process Works
Our platform automates the process of turning consumption data into fair and accurate allocated costs.
Connect Your Data Sources
The process starts by pulling consumption data from your main meters and any sub-meters connected to the Augos platform.
Define Your Allocation Rules
In the platform, you define your business logic. You can map specific meters to tenants or departments, or create formulas (e.g., % split based on floor area) for common areas.
Apply Local Tariffs to Calculate Costs
Our system automatically converts the water consumption for each entity into a monetary cost using your precise, locally configured water tariff structure.
Generate Automated Reports & Bills
The platform generates detailed cost-split reports that align with your rules. These can be used for transparent internal reporting or as the basis for external tenant billing.