Allocations process flow
You can break down the Allocations application into these main processes: setup, processing, and reporting. You can set up Allocations and use the application to disperse amounts between accounts and control their distribution.
Setup
Before setting up the Allocations application, you must set up the Lawson General Ledger application.
The core of the Allocations application is the entry of allocations. When you add allocations, you specify in the system where the amounts are gathered from and where they are allocated.
Every allocation has these elements:
- Source: Amount or units to allocate
- Post from: Accounting units, company, and, accounts the allocation is gathered from
- Post to: Accounting units, company, and, accounts the allocation is dispersed to
- Driver: How to split the amount or units to allocate
Before you add allocations, you can set up the Allocation groups:
- Allocation codes
- Total names
- Compute statements
These setup procedures dictates how the allocation is gathered and allocated.
Processing
After you enter allocations, you can perform these actions:
- Release the allocations.
- Calculate the allocations and adjust them if necessary. You can re-calculate allocations as required.
- Interface the allocations to the General Ledger or Budget applications.
Reporting
Through allocations reporting, you can list allocation groups, allocation codes, allocation controls, and entered allocations. You can also compare allocations, and review the effect of allocations before interfacing them to the General Ledger or Budget application.
Allocations process flow
To mirror Allocations' major processes, this user guide is divided into these parts: setup, processing, and reporting.
This diagram shows the main processes of Allocations and breaks the processes down into sub-processes:
