G/L Allocation Posting Templates in Intercompany Solution

G/L Allocation Posting Templates in Intercompany Solution


Commercial organizations often have G/L allocation transactions in template format, in which only the recorded amounts vary from transaction to transaction. This feature enables the user to create pre-defined G/L allocation templates that can be used when posting recurring G/L allocation transactions.  


A new window, G/L allocation posting templates, allows users to create pre-defined G/L allocation templates. 

To display the G/L Allocation Posting Templates window, choose Financials → G/L Allocation Posting Templates.


G/L Allocation Posting Templates Window

Field

Description

Code

Enter a unique code of up to eight characters for the posting template.

We recommend that you choose a meaningful code that will be understandable to users when they need to choose a posting template in G/L branch allocation.

Template Description

Enter a short description of the template.

G/L Account, Name

The code and name of the G/L account for the allocation transaction.

Currency Code

Select the currency code for the G/L allocation transaction

Currency Name

Displays the currency name of the selected currency code

Debit

Captures the debit amount.

Credit

Captures the credit amount.

Branch Code

If Multiple Branches are enabled, Specify the branch code.

Project

Specify the project that you want to link to the account.

Distr. Rule

If required, specify a distribution rule for the selected row.

Dimension 

Choose distribution rules for the dimensions.

IC Branch Code

Press the TAB key in this field and from the Choose from List window select the IC branch code of the company to which the allocation is to be made.

Receiver Branch Code

If receiver company is branch enabled, Specify the receiver company branch code.

Receiver Branch Name

Displays the receiver branch name.

Allocation Account,  Name

The code and name of the allocation account. Press TAB in this field and select the relevant allocation account for the receiver company.

Allocation %

Enter a percentage value that can be used to calculate the corresponding Allocation Amount. 

The total of all line percentages in the bottom matrix cannot be greater than 100.

Project

Specify the project that you want to link to the account.

Distr. Rule

If required, specify a distribution rule for the selected row.

Dimension 

Choose distribution rules for the dimensions.

Load All Branches

Inserts the IC branch codes of all other branch companies in the bottom matrix. 

Add

Choose this button to add the G/L allocation posting templates.

Cancel

Choose this button to close G/L Allocation Posting Templates window.