Functions of an allocation code
Allocation codes are an option to allocate to multiple accounting units and companies. The amount allocated is based on fixed statistical values that you define. The values are used to calculate a percentage. The total percentage always equals 100 percent. Use an allocation code to allocate amounts based on fixed values, such as, number of employees or department square footage. You can define allocation codes on Allocation Code (CA05.1).
Example
Company | Accounting unit | Value | Percent |
---|---|---|---|
4321 | 501 | 35 | 30.9735 |
4321 | 502 | 41 | 36.2832 |
4321 | 503 | 37 | 32.7434 |
Totals | 113 | 100.0000% |
Once the values are entered, the system calculates the percentage by taking the line value and divide it by the total value.
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Company = 501
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Line Value = 35 divided by 113
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Percent = 30.9735%