Sage Intacct allocations allows businesses to accurately allocate expenses and revenues across different dimensions and entities. With the two types of Sage Intacct allocations, businesses can easily automate the process of distributing costs and revenues, saving valuable time and resources. Additionally, the allocations function provides real-time visibility into financial data, enabling companies to make informed decisions based on accurate and up-to-date information.
In this video, we'll explain the two types of allocations used in Intacct: Standard Intacct Allocations and Sage Intacct Advanced Allocations. We've also created a scenario with a step-by-step view on how to allocate payroll benefits to dimensions based on any postings made to Salary Accounts. The Standard Intacct Allocations allow you to pre-define a percentage or a certain amount of allocations that can be used in general ledgers, accounts receivable, accounts payable, and purchase orders.
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