B2F Deferral & Allocation Management
by B2F
B2F Deferral & Allocation Management
Allocation terms are used to allocate amounts among multiple ledger account combinations in accordance with the concept of periodicity.
They help ensure that income and expenses are recorded in the correct account in accounting.
There is no limit to the number of allocation terms. You can add to a detailed account; however, the total percentage to be allocated in an allocation term must equal 100. The amount that we need to record as an expense is distributed to the desired expense accounts as a percentage.
In cases where the allocation option was not in our system, our accounting departments would have to manage the process by manually calculating this transaction from the journals. Considering that they do it manually every month and at the end of each term, a huge labor gain is achieved for the user.
Advantages of Deferral & Allocation
- Unlimited allocation terms
- No more manual calculation for allocation
- Easy to set up and use
- Separated ledger entries in order to see
- Multiple statuses for the Deferral & Allocation Card
- It can be used for documents, journals, and fixed assets.
Supported Editions:
The app supports the
Essential and Premium Editions of Microsoft Dynamics 365 Business
Central.
Supported Countries:
All Countries
Supported Languages:
This app is available in
English (United States) and Turkey (Turkish)
For Pricing and more information
https://www.b2f.com.tr/en/contact-us/
