Allocations

Allocations allow you to divide a Payment among different business areas or accounts. You can create Allocations on Leases for specific Payment types (for example, rent, operating expenses, etc.).  New Payments created on the Lease then automatically inherit these Allocation settings.

Existing Payments do not automatically inherit Allocation settings.

Add a new allocation: 

1. Navigate to a Lease home page.

2. Scroll to the Allocations section.

3. In the toolbar of the Allocations section, click Add.

   The section expands to display a form.

4. Select an Allocation type using the Type drop-down menu.

   The form automatically updates to reflect the selection.

5. Select the calculation type using the Calculate By drop-down menu.

   The form automatically updates to reflect the selection.

6. Complete the remainder of the form.

7. When the form is complete, click Save.

   The Allocation appears in the Allocations section of the Lease home page and in the Allocations section of the Payment home page.

You can perform various actions on an Allocation by clicking the menu stacks button next to the Allocation.

For more information, see Payment Allocations.