Functions of an allocation group

An allocation group is a group of allocations that you can create to restrict allocations to a specific company, company group, or allocation type. You define an allocation group on Allocation Group (CA00.1) and assign the group when you define an allocation on Allocation (CA10.1) or Allocation Detail (CA10.7). When you assign an allocation group, the allocation is stored in the company or company group you select. You can use allocation groups to perform these tasks:

• Process multiple allocations at the same time. For example, you can select an allocation group to release, calculate, and update all allocations in a group.

• Group allocations that should be processed in a specific cycle, such as allocations that you want to run every period versus every quarter.

• Group similar allocations, such as, heat, water, and electricity.

• Process one group of allocations before another group of allocations.