Process ledger allocation journal

This article explains how to process an allocation request. Use the Process allocation request page to create an allocation journal that can be reviewed and approved before posting to General ledger, or posted directly to General ledger. Before you can create an allocations journal, there must be least one active Ledger allocation rule. This task uses the USMF demo company.

1. Go to General ledger > Allocations > Process allocation request.

2. In the Rule field, select the desired record in the drop-down menu.

3. In the As of date field, enter a date.

   • The As of Date is very important when the Ledger is the Data source for the rule. This date controls which ledger balances to include for allocation.
   • In the Zero source field select Stop. This will stop the allocation process and display a message that states that a zero source amount is selected.

4. In the Proposal options field, select Proposal only. Select Proposal only to review and optionally approve the result in Allocation journals prior to posting the allocation to General ledger.

5. In the GL posting date field, enter a date.

6. Select OK.

7. Go to General ledger > Allocations > Allocation journals.

8. Select Lines.

9. Select Post.

10. Select Post.