Other expenses in Modeliks refer to non-operational costs that do not directly contribute to the core business functions like production, marketing, or administration, but still impact the company's financial outcomes.
These are often irregular, infrequent, or not tied to day-to-day operations — and are important to track separately to maintain a clear financial picture.
In Modeliks, when adding an Other Expense stream, you can select from the following predefined types:
Costs that are unusual, infrequent, and non-recurring, typically resulting from a specific event outside the normal business operations.
Examples:
Natural disaster damages
Lawsuit settlements
Large asset write-downs
Restructuring charges
Contributions made by the business to charitable organizations, non-profits, or similar causes, without expecting anything in return.
Examples:
Donations to NGOs or community funds
Sponsorship of charitable events
Recurring corporate giving
Expenses that do not fall under the categories above, but still represent non-core operational costs. This type serves as a catch-all for irregular or uncategorized costs.
Examples:
Legal penalties or fines
Regulatory fees not tied to daily operations
Unclassified one-off business costs
Helps isolate non-operational costs for better analysis
Supports transparency in financial reports
Allows for more accurate forecasts and performance measurement
Improves understanding of exceptional impacts on profitability
📘 Tip: When creating a new Other Expense, select the type that best fits the nature of the cost. This will ensure it is correctly categorized and reflected in financial tables, scenario analysis, and reporting outputs.