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About MassAllocations

Use a MassAllocation formula to create journals that allocate revenues and expenses across a group of cost centers, departments, divisions, and so on. By including parent values in allocation formulas, you can allocate to the child values referenced by the parent without having to enumerate each child separately. Hence, a single formula can perform multiple allocations.

To define MassAllocation formulas, you create a MassAllocation batch that contains one or more MassAllocation formula entries. You can also copy an existing MassAllocation batch then modify it as needed for your new batch. Use MassAllocation batches to group your MassAllocation formulas. For example, you might combine all formulas for a single department or division into one batch, or group all formulas for certain types of calculations into separate entries.

You can also create MassAllocations that reference foreign currency and statistical account balances. When you generate the foreign currency MassAllocation, General Ledger creates journal entries in the foreign currency.

See Also

Creating MassAllocation Batches

Creating Allocation Entries

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