Creating budget allocations

Allocations are used to define the processing rules and the default setup for the allocation lines.

  1. Select Processing > Allocations > Allocation Control.
  2. On the Budget tab, open an allocation control record.
  3. On the Allocations tab, click Create to set up the allocation.
  4. On the Main tab, specify this information:
    Allocation
    Specify a code for the allocation.
    Description
    Provide a description.
    Transaction Ledger
    This field default is the ledger to which budgets are created. The default value is Core Ledger.
    Source Ledger
    This field default is the ledger of the budget to allocate. The default value is Core Ledger.
    Default Step
    Select the default step that is assigned to the allocation line.
    Allocation Group
    Select an allocation group. The allocation group is used to enable processing of multiple allocations simultaneously by group.
    Overthrown Amount Option
    Select the overthrown amount option for the allocation.
    • Select Last Transaction to allocate the overthrown amount to the last generated transaction of the allocation. This value is the default.
    • Select Last Highest Weight to allocate the overthrown amount to the override with the last highest weight. This setting is applied to the allocation when a Minimum Transaction Amount for Split is specified in the allocation line.
  5. Click Save.

    The Default Structure tab shows a view of the structures that are assigned to the budget basis. The structures are used for calculation in the allocation line.

  6. Click the Lines tab to create budget allocation lines.

    See Creating budget allocation lines.