Running of Allocations: Generated Transactions
Suppose that the rule to allocate a batch posted to the HEADOFFICE branch has been created. According to this rule, $21,000, which has been posted to the 69500 - Salaries and Wages account, has to be distributed between the following three branches of the company by percentages: HEADOFFICE (50%), RETAIL (20%), and SWEETEQUIP (30%).
The following allocation batch will be recorded when the allocation rule is run.
| Branch | Account | Debit | Credit |
|---|---|---|---|
| HEADOFFICE | 69500 - Salaries and Wages | 0.00 | 21,000.00 |
| HEADOFFICE | 69500 - Salaries and Wages | 10,500.00 | 0.00 |
| RETAIL | 69500 - Salaries and Wages | 4,200.00 | 0.00 |
| SWEETEQUIP | 69500 - Salaries and Wages | 6,300.00 | 0.00 |