Creating allocation controls

  1. Select TrueCost Allocation Controls and click Create.
  2. 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.

    See Expense costing overview.

    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.
  3. Click Save.