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      Allocate costs by department

      Automatically apply expense allocation percent

      Overview:

      This function allows automatic dissection/allocation of expenses by department for specific GL accounts. When creating a Departmental Profit & Loss Report, the system will automatically allocate expenses to departments based on saved definitions.

      Steps:

      Starting from the main screen

      1.     Navigate to ACCOUNTING > General Ledger > General Ledger Accounts 

      Large Knowledge Base Template (43)-1

      2.     Select the Department Allocations hyperlink 

      Large Knowledge Base Template (44)

      3.     Select or Enter the range for each allocation 

      Large Knowledge Base Template (45)

        Department /GL Account Allocations
      a Select or Enter the From GL Account 
      b Select or Enter the To GL Account 
      c Select or Enter the Department 
      d Enter the Percentage 

      4.     Select SAVE 

      Large Knowledge Base Template (46)

      When you run the Departmental Profit & Loss Report the % of the actual expenses posted to that range of GL Accounts will be allocated accordingly.