This is a part of the GL Allocation Template feature. Click here to learn more about the GL Allocation Templates.
The Allocation Calculator enables Users to see a preview of the Journal Entry created from the corresponding Allocation Template. When clicked, the preview will open in a screen within the modal/sidesheet.
Navigation
Navigation Steps
Open the Admin application.
Click Accounting to expand the folder.
Click Allocation Templates.
Open the desired allocation template.
Click Allocation Calculator.
Allocation Calculator
The Allocation Calculator preview will display on a new screen within the modal or sidesheet, depending on whether this is opened within a new template or a saved template, respectively. This can assist in determining whether accounts or allocation percentages need to be adjusted.
Button/Field | Description | |
|---|---|---|
1 | Back | Returns to the template builder view. |
2 | Search Bar | Searches the GL Account name and debit/credit columns for the values entered. |
3 | Source Account Balance | Acts as the debit amount for the Journal Entry. It is defaulted to have a value of $365.00 but can be manually updated to show the credit amount breakdown based on allocation percentages. |
4 | Account | The GL Account name and number. |
5 | Debit | The source Account's debited amount. |
6 | Credit | The credit amount broken down by the amount percentage designated for each Destination Account. |
7 | Location | The location tied to the GL Account. |
8 | Comment | The comment entered for the GL Account. |