Mass Allocation
Mass Allocation formula is used
- To create journals that allocate financial amounts across a group of cost centers, departments, divisions, ledgers, and so on.
- By including parent values in allocation formulas, you can allocate to the child values referenced by the parent without having to enumerate each child separately.
- By including ledgers or ledger sets in the formulas, you can allocate amounts from one ledger to another ledger.
Hence, a single formula can perform multiple allocations across ledgers.
you can also create a Mass Allocation formula to be reused for more than one ledger set, ledger, or balancing segment value.
Formula:
Cost Pool * (Usage Factor / Total Usage)
It is represented by A*(B/C)Mass Allocation Vs Recurring Journals
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