Setting up Allocation Codes

The allocation action that triggers this allocation code. When this allocation action occurs for a transaction, the associated allocation code is updated onto the transaction. These allocation actions are predefined and occur within particular Financials functions. See What are Allocation Codes? for a list of the actions and the functions that trigger them.

The code that will be applied to a transaction to identify its status when the associated allocation action occurs.

The allocation code can contain up to 5 characters and each character can be updated separately on a transaction, without altering the other characters. This is useful if more than one status applies to the transaction. If you only want to update some of the characters in the allocation code, you must use '-' hyphens in this field to indicate the characters which are not to be updated. For example, if you entered --F in this field, the third character of the allocation code field on each transaction would be changed to an F and the first two characters would not be altered.

A descriptive name to identify the allocation code.

Used to set or update the allocation action for individual transactions, as per the Allocation Action field above.