Periodic Processing: Allocation 

FI-SL's allocation package allows you to allocate different amounts from one source to many other sources, depending on your individual needs.

You can allocate amounts based on:

An allocation is the process of transferring an original posting amount from one object (the sender) and reposting the amount(s) to another object or objects (the receivers).

The two main types of allocations are:

With an assessment allocation, you can accumulate amounts or quantities for all accounts of the sending object and summarize them into an assessment account. The system only debits and credits the assessment account.

With a distribution allocation, you can allocate the original balance(s) from the sender(s) to the receivers.

You can allocate both plan and actual data using assessment and distribution allocation types.

With allocations, you can allocate:

Specific fixed amounts are allocated to each receiving unit, independent of the amount in the sending unit.

Specific fixed percentages are allocated to each receiving unit, based on the amount or quantity allocated by the sending unit.

A percentage amount is allocated to each receiving unit, based on a percentage of the amount in the receiving unit's original database records.

You can allocate to specific values, and/or you can use sets to allocate amounts. Sets are easy to create and maintain, so you have more flexibility when maintaining allocations on your system.

Allocations are stored as separate records on the database. Therefore, you can view actual or planned data, with or without the allocated values. When you are viewing a receiver, you can also determine which senders have allocated the values.

You define allocations using the Allocations function. For more information, see Allocations.