How Do I Process Allocations?

The following is a checklist for processing allocations. If needed, review the checklist for Setting Up Allocation Management.

1. Process allocations using the Activities>Process Allocations form. The calculation process creates a JVA, Journal Vouchers Allocation Management, transaction type. Then, click Print to print the Process Allocations report showing the calculation information.
2. To edit allocations after they have been processed, use the Transactions>Edit Process Allocations form.
3. Print a list report showing calculation code information (Reports>Allocation Management>Allocation Calculation Codes).
4. Print Unposted G/L Transactions reports and/or Allocation Management Pre-Allocation reports (Reports>Transaction Reports>Unposted G/L Transactions and/or Reports>Allocation Management>Pre-Allocation reports).
5. Review the reports.
6. Post any other transactions, if necessary (Activities>Manage Sessions>Post Transactions).
7. Repeat steps 1-4 (process allocations and recalculate; print reports; and/or review reports).
8. Post the Allocation session, which has a JVA transaction type (Activities>Manage Sessions>Post Transactions).
9. Print G/L Analysis reports and/or Financial Statements (Reports>General Ledger Analysis and/or Reports>Financial Statements).