Allocation Basis Type

Specify the basis used to create the distribution journal entries for this sequence. Different sequence numbers in the same allocation rule can use different basis types.

  • If the sequence distributes a percentage of the total amount, specify Percentage.
  • If the sequence distributes an exact amount to this account, specify Amount.
  • If the sequence distributes whatever is remaining after the other sequences are completed, specify Remainder. This option can only be used for the last sequence number in the rule.
Note:  If you add at least one sequence with an Allocation Basis Type of Percentage, the last sequence must have an Allocation Basis Type of Remainder, to avoid rounding errors.