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2018 CMiC Conference


CMiC01 - Case Study: Cost Pools Allocation


Nov 12, 2018 10:15am ‐ Nov 12, 2018 11:15am

Description

This session will focus on how to set up and administer cost pool allocations within General Ledger. Cost pool allocations allow you to charge projects and overhead departments for costs using multiple allocation methods (revenue, cost, etc.) and can be prorate by multiple factors (amount, quantity, percentage or corporate levy). This feature is an excellent time saving tool for companies who create large journal entries in Excel and then import/enter them in CMiC. This entire process can be done in one step using this rules-based approach. 

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