GL - Mass allocation

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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latha_bv
Posts: 15
Joined: Thu Jul 17, 2008 1:18 am
Location: USA

GL - Mass allocation

Post by latha_bv »

Hi all.

I have an issue with Mass allocation. my error message shows "No journal was created because accounts for allocation basis have zero or no balances."

what is the journal i need to create for Mass allocation.

I have define Mass allcation and segment value and created journal also. I have define enable parent Cost center in values. but still I can see error message in view output.
cnubandi
Posts: 101
Joined: Thu Jan 04, 2007 2:06 am
Location: India
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Post by cnubandi »

Hi ,

You need to create <b>Cost Pool</b> Journal Entry and <b>STAT</b> Entry also


Thanks,
Srinivas
Murthyoracle
Posts: 147
Joined: Thu Sep 06, 2007 9:13 am
Location: India

Post by Murthyoracle »

Hi Latha,

Pleae ensure that for mass Allocation, Stat Journal and Cost Pool Journal is mandatory. Basing on the Allocation made in Stat only, Cost pool amount will be divided among the const centres or whereever u required.

regards,
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