FastFund Accounting General Ledger: Allocations

The Allocations module includes our Cost Allocations Spreadsheet module After the Fact, and Point Of Entry Allocations.

After The Fact Allocations

• Provides management with the ability to monitor direct and indirect costs of all programs..
• Compare detailed budgets before the allocation of costs.
• Allocate both Detailed Budgets and Actual Expenditures and compare results.
• Allocations are not posted to the General Ledger providing the user with the "What If" capability.

The Allocation Methods used by Araize include the direct cost method with some exclusions if required, total revenue, fixed percentage, square footage, numeric values, total salaries, total purchase of services, and other accepted methods.

Point Of Entry Allocations

The Point Of Entry Allocations system provides the user with the ability to allocate vendor invoices and other expenses recorded at the point they are entered in the Cash Disbursements Journal or Purchase Journal.

The system allows the user to pre-define allocation codes to distribute expenses to an unlimited number of General Ledger accounts. The system will maintain an unlimited number of Allocations.

Click here to print this page