Create or Update Class Allocation Adjustment Rules

Owned by Nancy Cohn (Deactivated)
Last updated: Jun 22, 2022
2 min read

You can create or update a class allocation adjustment rule.

To create or update a class allocation adjustment rule:

  1. In Accounting Center, in the left navigation pane, click Setup > Fund Accounting > Allocation Rules > Create/Update Allocation Adjustment Rule.
    You see the Create/Update Allocation Adjustment Rule panel.

  2. In the Add or Update Class Allocation Adjustment Rule Name Rule field, specify whether you are adding or updating a class allocation adjustment rule. 
    Options include:
    –  Add. Default. Used to create a new class allocation adjustment rule and enter related rule criteria.
    –  Update. Used to enter additional rule criteria for an existing class allocation adjustment rule.

  3. In the Class Allocation Adjustment Rule Name field, specify the name of the class allocation adjustment rule you are adding or updating.

  4. In the Chart of Account Name field, specify the name of the Chart of Accounts associated with the class allocation adjustment rule.

  5. In the From General Ledger Account and To General Ledger Account fields, select the beginning and ending general ledger account numbers to use for the class allocation adjustment rule. 
    NOTE: When you specify a range of ledger accounts in the rule, you cannot choose a range of accounts from both balance sheet and income statement for a single row, or rule detail. That is, the From/To range can apply to accounts on the balance sheet or it can apply to accounts on the income statement.

  6. If you want to define multiple rule criteria, use the pane at the bottom of the panel, as follows:
    –  Right-click the grid at the bottom of the panel and select Add Rows.
    –  Enter the number of rows you want to add on the Enter Rows Count dialog box and click OK. You need to add a row for each additional rule criteria you want to add.
    –  Complete the options on each row you added.

  7. Click Submit.

After you create a class allocation adjustment rule, you can assign that rule to one or more allocation rules. For details, see Manage Allocation Rules.