Preset allocations distribute a single transaction amount across multiple general ledger (GL) accounts based on predefined percentages. Enable Preset Allocations to make them available for use on AP Invoices and/or journal entries.
Security
Users must have the following permission to enable Preset Allocations:
General Ledger → Allocations → Preset Allocations → Enable Preset Allocations
These permissions can be added to custom user roles or individual users. The Permission Access report can be used to determine which user roles or users already have these permissions assigned. For more information, see User Setup and Security.
Enable Preset Allocations
To enable preset allocations, follow these steps:
Click steps to expand for additional information and images.
1) Navigate to the Preset allocations page.
A) Open the Admin application.
B) Expand the Accounting category.
C) Select Preset Allocations.
2) Select Settings.
3 Select the checkbox for the desired transaction type.
The selections auto-save.