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Allocations

Use this page to specify the allocation accounts and amounts for the transactions.

Intercompany Distributions

When transactions are processed, the Due To and Due From accounts are selected as follows: 

  • If the destination account has a debit amount (positive amount):
Intercompany Distributions Table
Originating Entity Due From account   Debit  
  Destination Entity Due To account   Credit
  • If the destination entity account has a credit amount (negative amount): 
Intercompany Distributions Table
Destination Entity Due From account   Debit  
  Originating Entity Due To account   Credit

From the MEM Intercompany Setup page, the following intercompany setup is used: 

Intercompany Distributions Table
Originating Entity 000    
Destination Entity 100    
  Originating    
    Due To 111111
    Due From 222222
  Destination    
    Due To 333333
    Due From 444444

When the destination entity has a debit (positive) amount, the intercompany distributions are as follows: 

Intercompany Distributions Table
Destination Entity Account Amount  
100 123333 100  
Following distributions are created:   
  222222 100 (debit)  
  333333   100 (credit)

When the destination entity has a credit (negative) amount, the intercompany distributions are as follows: 

Intercompany Distributions Table
Destination Entity Account Amount  
100 123333 -100  
Following distributions are created:   
  444444 100 (debit)  
  111111   100 (credit)

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Fields

This page contains the following fields: 

Field Description
Entity Code

Select the entity for the line. The default value is from the source transaction line. The default entity for the line is automatically updated with the entity value of the selected the customer, vendor, account, or item record. If needed, you can change it any entity to which you have access.

The selected entity filters the other records such that only the records that belong to that entity are available. For example, when entity 100 is selected, only the account numbers that belong to entity 100 are available.

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