You’ve learned how to configure and use allocation rules, and how to configure and use accrual schemes.

Dynamics 365 Finance provides the following capabilities to support the allocation process:

  • Automatically allocate transactions amounts based on allocation terms defined on individually on the main account. Allocation account entries will be generated for each journal based on the percentage and destination ledger account when an accounting entry meets the criteria defined as the source ledger account.
  • Automatically allocate ledger balances or fixed amounts based on ledger allocation rules. The ledger allocation rules are processed on a periodic basis using allocation journals.
  • Manually allocate transaction amounts by using the split action in accounting distributions, or by applying financial dimension default templates to a document.