Manage Allocations

Note: Currently, you can view and run existing allocations, and manage settings. Look for the ability to add and edit allocations in a future release.

As your organization's financial needs grow, you'll likely need to move — or allocate — amounts from one set of accounts, projects, classes, or grants to another. To accomplish this, you can create and run simple or complex allocations based on statistical units.

When you allocate based on units — such as hours worked per project — you use these non-financial measures to determine when and how to move amounts over time. Here are a few other examples:

• Allocate phone bill expenses to departments based on each department's salary expense, or proportionally distribute investment income to multiple projects.

• Move unrestricted gifts to a revenue account.

• Move all interest to a single cash account.

• Allocate reimbursable costs, like overhead or facilities and admin costs, to accounts associated with projects and grants.

From Allocations, to quickly locate an existing allocation, search, sort, or filter the list. Select Columns to choose details to include, then select Apply changes. If necessary, drag and drop the headers to reorder each column.

From an allocation’s menu, view, edit, and delete as needed.

Warning: You can't edit or delete an allocation while it's running.

Tip: Make sure you review and update associated units before you run an allocation (not during). Otherwise, unexpected results may occur.