Creating allocation controls
- Select TrueCost Allocation Controls and click Create.
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Specify this information:
- TrueCost Allocation Control
- Specify the name and description of the allocation control.
- Calendar
- Select the Global Ledger calendar to use for processing allocations. The calendar determines the periods and the balances that are allocated. The default value is the calendar specified for the TrueCost configuration. You can select only calendars that are available in the finance enterprise group with a type of monthly.
- Source Ledger
- Select the ledger from which the balances are allocated. The name of the core ledger is the default ledger.
- Utilization Ledger
- Select the ledger to which TrueCost allocation transactions are posted. This ledger is used in the reporting basis.
- Capacity Ledger
- Select the ledger to use for capacity allocations.
- Cost Breakdown Structure
- Select a cost breakdown structure to use for allocations.
- Source Expense Accounts
- Select a summary level expense account to use for reconciliation
- Structures
- Select the structure for each of the finance dimensions in the Finance Enterprise Group
- Source Expense Accounts
- Select a summary level expense account to use for reconciliation.
- Click Save.