Allocation Tables

Allocation tables can assist in managing your vouchers and the expenses associated with them. 

Create an Allocation Table

1. Navigate to the Allocation Tables page and click Create in the left-side menu.
2. Enter an allocation table Name.
   
   
   
3. Enter the applicable Table Items information, and then click Create.
   • Account, Description, and Percent are required fields.
     • Account - The expense account to which a portion of the voucher will be allocated through the allocation table.
     • Description -  A brief description of the account or the table item.
     • Percent -  The percentage allocated to the expense account of the same row.
   • Additional rows will appear as available rows are completed.
   • Percentages are expressed as decimal points with the total percent displayed at the bottom of the Percent column.
     • Expenses will be allocated among the accounts by the percentages that are set.
       • For example, if an expense is $100 and .5 is set to two accounts, $50 dollars will be automatically attributed to each account.
   • To remove a row, click [delete]to the right of the row to be removed. 
     

Allocation tables can be selected when creating a voucher using the field available. Allocation amount is the dollar amount to be allocated through the allocation table selected.

Add Allocation Table to Vendor

Once an allocation table has been created, it can be added to a vendor's profile using the applicable field when editing or creating a vendor.