FA Allocation Table
Allocates the amount in the fixed asset general ledger journal or the recurring general journal to several accounts or dimensions. That is, you allocate the amount to one or more balancing accounts. You can allocate various amount types, such as acquisition cost, depreciation and maintenance.
After you have set up the allocations, the program will automatically insert the account(s) you specified when you use the Reclassify function from the fixed asset reclassification journal or when you use the Insert FA Bal. Account function with the:
Copy Depreciation Book batch job.
Cancel FA Ledger Entries batch job.
Index Fixed Assets batch job.
Calculate Depreciation batch job.
In the FA Allocations window, you must set up an allocation line for each part of the amount that will be allocated. You can enter various accounts on every fixed asset allocation line (if the fixed asset posting type will also be divided among several accounts). Or, you can enter the same account, but with various dimension value codes on each line. To attach a dimension, click Related Information, Line, Dimensions.
You need to enter an allocation only once. The allocation will remain in the FA Allocations window. You can then use the Insert FA Bal. Account function from the fixed assets G/L journal to have the program insert the balancing account(s) you specified in the FA Allocations window.
List of Fields in the Table
| Field | Location |
|---|---|
| Account No. Field, FA Allocation Table | Fixed Assets |
| Code Field, FA Allocation Table | Fixed Assets |
| Global Dimension 2 Code Field, FA Allocation Table | Fixed Assets |
| Description Field, FA Allocation Table | Fixed Assets |
| Line No. Field, FA Allocation Table | Fixed Assets |
| Allocation % Field, FA Allocation Table | Fixed Assets |
| Dimension Set ID Field, FA Allocation Table | Fixed Assets |
| Account Name Field, FA Allocation Table | Fixed Assets |
| Allocation Type Field, FA Allocation Table | Fixed Assets |
| Global Dimension 1 Code Field, FA Allocation Table | Fixed Assets |