Allocation methods
The Allocations application has the flexibility to allocate in many different ways, depending on your business requirements.
Basic
You can use basic allocations to allocate amounts from one or multiple accounting units, a range of accounts, or a range of subaccounts. You can control the degree of detail posted to the General Ledger when you select posting options during allocation entry.
Percentage
You can use percentage allocations to transfer a percentage of a source. The percentage is less than 100% of the source, which means you can allocate 50% of the source and leave the balance.
Step Value
Step Value allocations are used when a subsequent allocation is dependent on the posted results of a previous allocation step. You assign step values, on Line Detail (CA10.3) or Allocation Detail (CA10.7). You can use the system to process allocation detail lines in step number order. For example, a step value of 1 is processed first. Step value 2 is processed second and includes the results of step 1.
This diagram shows a step value allocation for 101 (Corporate) Account # 55250 which has a $100.00 balance:
Intercompany
You can use the intercompany to allocate amounts between two companies. You must define intercompany relationships in Intercompany Relationships (GL25.1) before you create an intercompany allocation.
Budget
You can use budget allocations to allocate amounts between budgets for the current year or next year budget. The budgets must exist in Budget (FB20.1).