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Administrator Guide
Last Updated: 2023-06-23
Reference: Allocation Methods

Reference: Allocation Methods

Select an
Allocation Method
 on the
Create Allocation Definition
 task to distribute allocated amounts:
Option
Description
Fixed Percent
Allocate the source amount based on statistical values that you've predefined. Also select:
  • The percent-type statistic
    Definition
    , which stores the percentages as a statistic that sums to 100%. To define a percent type statistic that stores precalculated percentages by dimension, use the
    Create Statistic Definition
     task. To store the statistics to use in allocations, use the
    Create Statistic
     task. Example: Square footage percentages by cost center.
  • Required and optional worktags or business
    Dimension
     to use from the statistic definition. Example: Cost center, region, worktag, or a combination.
Pro-rata
Use headcount, ledger accounts, or statistic values (the
Basis Type
) and a
Dimension
 (cost center) to calculate the percentage basis. The allocation process calculates a percentage of the total for each dimension and uses these percentages to prorate the source amount.
Spread Even
The allocation process calculates and distributes the source ledger amounts evenly over a business
Dimension
 or multiple dimensions. Example: Allocate facilities cost to various cost centers, giving them equal weight so they receive an equal portion of the allocation.
Arithmetic Calculation
Multiply the headcount, ledger accounts, or statistic values (the
Basis Type
) with the
Fixed Rate Amount
 to calculate the target amount.
Only available when you select
Fixed Rate Amount
 as the
Source Type
.