Corporate Allocations
Corporate Allocations ensures automatic allocation of complex ledger and asset data.
SunSystems can help the organisation automatically collect and allocate complex ledger and asset data. At the same time, costs can be charged to different ledgers, cost centres, projects, products or other categories. Corporate Allocations is a powerful tool that allows you to manipulate existing ledger transactions to generate new transactions.
Key Features
• Expenses can be split or reassigned, along with other transactions, using predefined criteria
• Amounts can be allocated across periods, accounts, analysis codes and business units
• Charges can be split, increased or decreased
• Corporate Allocations generates and posts all related ledger transactions
Key Benefits
• Support for apportioned and fixed percentage allocations, fixed amounts and iterative charging gives accurate allocations
• Full support for inter-company processing
• High degree of flexibility allows each organization to define their own allocation structures
• Posting options provide tight controls
• Comprehensive audit trail traces all allocations in full