Allocations

As your organization’s financial needs expand, reallocating funds becomes essential for maintaining flexibility and control. To ensure resources align with evolving priorities, compliance requirements, and strategic goals, you'll likely need to move — or allocate — amounts from one set of accounts, projects, classes, or grants to another. Effective allocations help keep budgets accurate, support decision-making, and prevent overspending in critical areas.

From Allocations, you can add new allocations or view existing ones. These include direct, indirect expense, indirect revenue, and indirect miscellaneous (misc) allocations based on units or fixed percentages that you update over time, as well as balances or specific percentages of balances. To make updates, you can edit or delete from an allocation's menu.

Tips for Working with Allocations

• Review and update associated units before you run an allocation (not during). Otherwise, unexpected results may occur.

• You can only run completed allocations.

• Update allocations as needed. From an allocation's menu, select Edit, then save.

• You can't edit or delete an allocation when it's running.

• Customize allocations settings to effectively configure and run allocations for your organization.