MODULE 8: Monthly and Year-End Processing
MODULE 9: Utilities and Maintenance
MODULE 10: Reporting and Analysis
Final Exam
Capstone Project
3 of 3

Lesson 7.5: Activity

Practical Activity: Executing the Allocation

Objective: Run the reports for the Occupancy allocation created in the previous lesson and post the result.

1. Run Report:

    ◦ Go to Cost Allocations > Indirect Cost Setup.

    ◦ Open your “Occupancy Allocation”.

    ◦ Set the Period to “This Month” (or a specific month with data).

    ◦ Click Report > PDF. Review the PDF to see how the rent/utilities are being split based on the square footage you entered previously.

2. Post:

    ◦ Click the POST button.

    ◦ Confirm OK on the pop-up message.

3. Find the Batch:

    ◦ Go to Transactions > Activities > Batch Processing.

    ◦ Locate the new batch created by your allocation.

    ◦ Click the GJ link to view the debits and credits. Note how the Rent expense is being credited in the Admin/Facilities cost center and debited in the Program cost centers.

    ◦ (Optional) Click Post Selected to finalize the entry.