Mass Allocation Setup Example

[kinovisques]

Hello ERP Forum

I would like to ask you if you can share with me any document that mention how to setup a mass allocation journals.

Thanks
Gabriel Kinovisques
e-mail kinovisques@yahoo.com
[:)]

[ssdgupta]

Hi,

Please find the below step to create Mass allocation.

1. Define Mass Allocation (Journals > Define > Allocation)
2. Enter Required Information (Ex: Batch: MassAlloc, Balance Type: Actual, Description: Mass Allocation Journal)
3. Click on the 'Formulas' Button to define formula for this Mass allocation Journal
4. Enter the following details (Name: MA-Formula-1, Category: Adjustment, Description: Mass Allocation Formula of telephone expenses, Currency: EUR, Full Cost pool Allocation: checked)
5. Enter value / account for Element A
6. Enter Accounts for Element B ex Account: XX.P.********.XX.****.**** (C.C.L.C.C.C.C), Currency Type: STAT, Amount Type: YTD, Balance Type: Actual)
7. Enter Accounts for Element C Ex: (Element C: Account: XX.P.********.XX.****.**** (C.C.L.C.C.C.C.), Amount Type: PTD, Balance Type: Actual)
8. Enter Accounts for Element T Ex: (Element T: Account: PL100. XX.P.********.XX.****.**** (C.C.L.C.C.C.C), Amount Type: PTD, Balance Type: Actual)
9. Enter Accounts for Element O Ex: (Element O: Account: PL100 XX.****.********.XX.****.**** (C.C.C.C.C.C.C.), Amount Type: PTD, Balance Type: Actual)
10. Click the Save button (Diskette) Close the Formula Window
11. Click on Generate window and run mass allocation for desire month.
12. Check in Journals window to vie the Allocation.


Thanks,

[kinovisques]

Dear ssdgupta

I am really appreciate your help, I just wondering if you have any detail setup example i.e employee benefits, interest expenses, manufacturing cost etc.

Thanks for your help
Regards

[:)]