Add Allocation Code

Where are Allocation Codes defined?

Allocation Codes

Site would like to start using allocation codes

1. Browse Munis > Financials > General Ledger Menu > Miscellaneous Set Up > Allocation Codes

2. Add

3. Complete the fields in the Allocation Codes group, referring Help option's Field Descriptions as required

   • Allocation

   • Description

4. Accept to save the header information

   • The program makes the fields in the table accessible

5. Complete the fields in the table to specify the accounts as needed and percentages to allocate

   • Project Type

   • Project String

   • Org

   • Object

   • Project

   • Percent

6. Press Tab to enter additional lines as needed.

7. Accept to save the record.

• Allocation codes automatically distribute a single transaction amount across numerous general ledger accounts

• Using an allocation code, you can assign a percentage of the whole dollar amount to as many different accounts as necessary until 100% of the amount is allocated.

  • This is referred to as the allocation percent

• These codes are used in Invoice, Requisition, Purchase Order, and Payroll programs

• Update Alloc option places cursor directly into detail table section of existing Allocation Codes