Creating MassAllocation Formulas
To enter a MassAllocation formula:
1. Navigate to the Define MassAllocations window.
2. Enter or query the name of the MassAllocation batch to which you want to add the formula.
4. Enter the Name, Category, and Description of the MassAllocation formula. Categories help you group journal entries in a convenient manner for reporting and analysis.
5. Choose whether to Allocate Balances From the full balance or from a single entered currency.
- If you choose Full Balance, General Ledger allocates your entire account balance, which is comprised of amounts entered in your functional currency, as well as amounts converted to your functional currency from a foreign currency. The generated MassAllocation will be a functional currency journal entry.
- If you choose Single Entered Currency, General Ledger allocates the portion of your account balance entered in the Currency you specify. The generated MassAllocation will be a journal entry in the specified currency.
If you are allocating encumbrance balances, you must allocate the full balance. You cannot allocate foreign currency encumbrances.
6. Choose Full Cost Pool Allocation to have any rounding difference resulting from the MassAllocation computation added to the cost pool with the largest relative balance. If you do not choose this option, any rounding differences will remain in the original account.
7. Enter the formula lines.
9. Choose Validate All to validate the batch, as well as all previously unvalidated batches. If you do not validate all batches, General Ledger will ask if you want to validate all unvalidated batches when you close the window.
10. Check the MassAllocation batch validation status to confirm the batch passed validation.
See Also
Entering MassAllocation Formula Lines
Validating MassAllocation and MassBudget Batches
