Defining the Allocation Group
To define the allocation group, use the Define Allocation Group component (ALLOC_GROUP).
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Page Name |
Definition Name |
Usage |
|---|---|---|
|
ALLOC_GROUP |
Define multiple allocations across ChartFields. |
You can define multiple allocation steps for step-down allocations across ChartFields. The target for each step can become the next step's pool or basis. You define an allocation group for these steps and then process the allocation on the group. If a step in the sequence fails, the Continue option determines if processing continues for the next step.
The allocation group is effective-dated, allowing you to track the historical basis of the financial data that results from allocation processing.
Note: Even if there is only one step in an allocation, you must define an allocation group.
Use the Allocation Group page (ALLOC_GROUP) to define multiple allocations across ChartFields.
Navigation:
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This example illustrates the fields and controls on the Allocation Group page. You can find definitions for the fields and controls later on this page.
Note: The data that is entered using this page can also be loaded as an Application Data Set using the Data Migration Workbench. For more information about ADS and the Data Migration Workbench for FSCM applications, see Using the Data Migration Workbench for PeopleSoft Allocations
Use the icons in the upper right corner of the page to copy, rename, or delete the allocation group.
Field or Control |
Description |
|---|---|
|
Click the Copy Allocation Group button to make a copy of the group. |
|
Click the Rename Allocation Group button to rename the copy group. |
|
Click the Delete Allocation Group button to delete the copy group. |
Effective Date |
Enter the date that the Allocation Group is to be effective. This provides the ability to change the Allocation Group as time progresses and retain the audit trail of those changes. |
Status |
Select a status of Active or Inactive for the Allocation Group. |
Description |
Enter a short description to appear in prompt lists and reports. |
Comments |
Add a detailed explanation for the Allocation Group and document the purpose of each step within a complex allocation. |
Step |
Select the process step that determines the various allocations processing options in addition to the pool, basis, target, and offset ChartFields. You can define allocation steps in the Allocation Step component, or you can define them from the Allocation Group page using the Update/Create link. After you have defined an allocation step, you can use it in any number of allocations. The sequence determines the order in which the PeopleSoft Allocations process performs the steps. It is important to enter them in the correct sequence because the target of each step becomes the pool for the next step (or basis if the journals are posted). |
Update/Create |
Click to access the Allocation Step component where you can define allocation steps. See also Defining Allocation Process Steps |
Continue |
Select for a specific step to indicate that you want the system to continue processing even if that allocation step fails. |
