BBCG.03.06.D365.2.PDF: Configuring the General Ledger within Dynamics 365 Finance (Second Edition)- Module 6: Configuring Allocation Rules (Digital)
The Waterdeep Trading Company is the purveyor of all the finest adventuring supplies to travelers, rogues, wizards, and clerics in all Faerûn, and are headquartered in the great city of Waterdeep on the Sword Coast.
Recently they have been experiencing a huge upswing in the traffic through their store and have realized that the old quill and scroll-based financial system is not going to scale anymore. Their manual supply chain management processes that they are using will not handle their forecasted future demand.
As a result, they have taken the step to modernize their finance and supply chain systems and implement Microsoft Dynamics 365 to manage all their legal (and not so legal) entities. The following is a journal of how they set up their system and how they tweaked the system to make it work perfectly.
Now that we have configured our organizational units, then it opens up a squirrelly problem within the finances that with some postings, we want to distribute the amounts of the posting over multiple departments, cost centers, and even business units.
For example, rent might be shared across all the departments residing in that building. But we don't want to have to enter in a rent posting multiple times and manually calculate the breakout of the expense to each of the departments, which may be in proportion to that department's square footage of office space occupied headcount, or some other criteria.
Luckily there is a solution for this within Dynamics 365 for Operations where we can create Allocation Rules which wait for specific account combinations to be posted to and then based on an allocation rule, it will break up the posting and then distribute it over a set of pre-defined financial dimensions, and spread the posting amount fairly and automatically.
This module will show how to configure Allocation rules and then use them within the system.
- Creating an Allocation Journal Name
- Configuring an Equal Spread Allocation Rule
- Configuring Weighted Allocation Rules
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