mass allocation

[kishoreoracle]

what do u mean by mass allocation?how it runs.

[anjan123]

Hi Kishore,

i will give you one example for mass allocation.

Ex:- If Tata company has taken a building for rent, the building owner charging rent based on square feet.

In that building 3 floors are there with different squarefeet measures.

Floor-1 is 500 sqft

Floor-2 is 650 sqft

Floor-3 is 420 sqft.

In this scenario tata company needs to pay rent for every month to that building owner.

if tata implemented Oracle Apps , in that situation we need to raise a journal entry for every month. it is time consuming process.

Insted of raising a jornal entry for every month, if we setup the mass allocation process, and run for evry month it will automatically generates journal entries for every month.


I hope this will help you a lot.

Regards
Anjani Kumar

in that situation

[pinnaka.financial]

hi,
chowdary

Mass allocation: Means Allocation of Expencess/Revenues to various Cost centers by using the formula.
There is Two tyes

1)Full massallocation
2)Incremental massallocation
Note:First time you cant not perform the incremental mass allocation in u r set of books.

We can do mass allocation in two ways
1)allcurrency
2)single currency

Formula
A*B/c =t=O
Where a=costpollaccount
b=usagefactor
c=total usage
t=Target account
O=offset account
I think this is helpfull to u
By
Satyanarayana.p