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With a recurring journal entry formula, you define a separate journal entry for each allocation. You can group related allocation entries together in a recurring journal batch.

With MassAllocations, you define one formula to generate allocation journal entries for a group of cost centers, departments, divisions, and so on. You define the allocation pool, the allocation formula, and the target and offset accounts for each MassAllocation formula. You can also group combine related MassAllocation formulas into batches.

Using recurring journal entry and MassAllocation formulas, you can perform a variety of allocations, including:

• Net Allocations

• Step-Down Allocations

• Rate-Based Allocations

• Usage-Based Allocations

• Standard Costing Allocations

See Also

About MassAllocations

Creating Net Allocations

Creating Step-Down Allocations

Creating Rate-Based Allocations

Creating Usage-Based Allocations

Using Allocations for Standard Costing