Objective: Create an allocation worksheet to distribute Rent based on square footage.
1. Create Worksheet:
◦ Go to Cost Allocations > Allocation Types > Indirect Cost Setup.
◦ Click New +.
◦ Name: “Q1 Occupancy Allocation”.
◦ Period: Select the dates for the first quarter of your fiscal year.
◦ Fund: Select “01 – Unrestricted” (or your main operating fund).
◦ Click Save.
2. Add Parameter:
◦ Click New +.
◦ Name: “Rent Allocation”.
◦ Basis: “Fixed Numeric Value”.
◦ Allocate From: Select your “Facilities” or “Admin” cost center.
3. Add Beneficiaries:
◦ Click the Benefitting Cost Center link.
◦ Row 1: Select “Program A”. Value: 1000.
◦ Row 2: Select “Program B”. Value: 500.
◦ Row 3: Select “Admin”. Value: 250.
◦ Click OK.
4. Verify: Click the Worksheet dropdown and select PDF to view your setup.