Cost Allocations Functions & Features

Cost allocations are the identification and distribution of cost in a multipurpose project.. Cost Allocations Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Cost Allocations Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

complete response from each ERP software vendor
deep and accurate evaluation of submitted ERP proposals
impartial side-by-side comparison of ERP solutions evaluated
rational and documented selection of the best matching ERP system

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The Cost Allocations Functions & Features comprise the following elements:

Attributes cost pool dimension codes for the source and target of the allocation
A cost pool includes all the costs that can be attributed to a resource account. A dimension code is an identifier used to specific traits of a cost center. Allocation amounts are determined by postings to the source dimension code and the cost category of accounts. The amount is distributed among the target dimension codes or activities. Attributes cost pool dimension codes for the source and target of the allocation, Cost Allocations Functions & Features
Groups dimension codes into cost pools by dimension type
A cost pool includes all the costs that can be attributed to a resource account. A dimension code is an identifier used for specific traits of a cost center. Groups dimension codes into cost pools by dimension type, Cost Allocations Functions & Features
Assigns user-defined allocation codes to activities that generate cost
Assigns user-defined allocation codes to activities that generate cost, Cost Allocations Functions & Features
Uses allocation codes to post results to G/L
general ledger (G/L) Uses allocation codes to post results to G/L, Cost Allocations Functions & Features
Uses allocation codes to group accounts into cost categories
Uses allocation codes to group accounts into cost categories, Cost Allocations Functions & Features
User-defined budget allocation codes
User-defined budget allocation codes, Cost Allocations Functions & Features

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Cost Allocations Functions & Features

Attributes cost pool dimension codes for the source and target of the allocation

Groups dimension codes into cost pools by dimension type

Assigns user-defined allocation codes to activities that generate cost

Uses allocation codes to post results to G/L

Uses allocation codes to group accounts into cost categories

User-defined budget allocation codes