Revision as of 19:25, 12 June 2017

In Marathon's General ledger you can Iet the system take care of periodical allocations (accruals). Assign a specific accruals account to the Periodical allocation in th chart of accounts in System: Basre registers/GL/Accounts. In the example below, we have used account 1722

Booking with allocation

When you book something on an account assigned to Periodical Allocation, an additional tab opens in the voucher booking program. Go to the tab and enter cost account, total sum and period for the allocation.

The total sum will thus be allocated over the entered period, equally per month.

Allocations via Suppliers' invoices/Approval

Registrer the invoice as usual. Select cost account and a period.The system then understands that the cost shall be allocated over the period. If you have several accounts for allocation, select the right one in Account for periodical allocation.

Update periodical allocations

Update the allocations for the period in Classic 01-41. Write period and check that the accounting date is correct.

Reconcile in Classic 01-62. Select future allocations, booked until the last date of the period. The example below shows allocations from February 2014 and forward to be reconciled with updated (booked) per January 2014

In case of discrepancy

Check Classic 01-99-03. The program shows all unupdated allocations and possible errors.

Check also the bookkeeping to see that no postings without assignment to allocations have been made (i.e. transactions on the account for periodical allocation that lacks assignment code P).