Processing JC Cost Allocations

JC Process Cost Allocations distributes cost, hours, or revenue using an allocation code, then creates a cost adjustment batch to review and post.

Before you start

• Allocation codes exist (see JC Allocation Codes).
• Know the allocation date and amount (or rely on the code’s rate).

Steps

1. Open JC Process Cost Allocations.
2. Enter the allocation date and select the allocation code.
3. Enter the amount to allocate, or use the rate defined on the code.
4. Click Show Basis to review what will be allocated.
5. Click Process Allocation to create allocation entries.
6. Review the JC Cost Adjustment batch, then validate and post.

Notes

• Verify the basis and credit GL before posting the adjustment batch.