Dynamic Allocations for Month-end Close

Having accurate allocations of functional expenses means more than keeping your auditors or executive team happy, it also helps you determine if your money is being put to good use. Since GAAP does not specify which methods may be used to allocate expenses, management needs to make the judgement calls.

By attending this session, you will learn different approaches of how Sage Intacct Dynamic Allocation can help your organization with month-end allocation of indirect costs.

Learning objectives: At the end of this session, you will be able to:

• Define and set up allocation definitions
• Identify a report to see the before and after impact of dynamic allocations
• Review how to process dynamic allocations