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Indirect Cost Allocation Rules

Owned by Kyle Niekamp
Last updated: 06 20, 2022 by Claire Aleman

Overview:

The Indirect Cost Allocation Rules window allows you to define the rules for allocating account balances from one OU/Account to one or more other OUs/Accounts. The allocations occur with each accounting period close, or it can be run outside of the close

Benefits:

  • Ability to define allocation rules by OU/General Ledger Account
  • Process allocation as part of the accounting close process
  • Reduce the number of manual journal entries needed on cross OU allocations

Roles:

  • Accounting Manager
  • CFO

Additional Content

Location:

  • Financial & Accounting > Setup > Indirect Cost Allocation Rules

Video:


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