Automatic allocations
from GL in D365
Most of you are aware of Allocation rules in AX 2012/
Dynamics 365. Instead of an allocation journal at the month/ period end, it can
be automated in the system to allocate a specific percentage across GL accounts
and Dimension segments. An allocation rule can be setup and attached right in
the Main account setup itself.
For example, All the audit related expenses are debited to ‘Audit
expense’ in the normal accounting process and it needs a re-allocation to ‘Audit-Tax’
and ‘Audit-Financial’ based on some criteria. Instead of manual re-allocation
or running allocation at month-end it can be setup to allocate simultaneously.
Add Legal entity overrides
in the Main account form for the Company in discussion
Flag Allocation check
box on Legal entity overrides
Once flagged Allocation terms
button on the ribbon above it will get enabled
Click on Allocation
terms to create allocation rule:
You will see
-
Percentage of allocation
-
Source criteria setup and
-
Destination criteria setup
To continue with the
example, allocate to Audit expense to 70% to Audit-Financial and 30% to Audit-Tax.
70% to Audit-Financial
30% to Audit-Tax
Close the form to complete setup.
Post a transaction to
see the postings
Post an amount of $1000 to Audit expense
Verify the voucher after posting. It posts to the above
account and then allocates within the same voucher. See the allocations 70% to
Audit-Financial and 30% to Audit-Tax
