PENTA Learning Center is an evolving tool. Additional content is added as soon as it is available.

Skip to end of metadata
Go to start of metadata

You are viewing an old version of this page. View the current version.

Compare with Current View Page History

« Previous Version 6 Next »

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:

  • No labels

Have feedback? Copy URL for this page and click here: https://www.surveymonkey.com/r/SBZKYY7

Confidential Proprietary Information - For Penta Customer Use Only
Penta Technologies continuously strives to improve customer content, therefore, information is subject to change at any time.