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Administrator Guide
Last Updated: 2025-04-04
Steps: Set Up Allocation Plans

Steps: Set Up Allocation Plans

Review setup considerations for allocation plans.
You can create and manage allocation plans to track distribution of revenue or cost. Use the
Allocation Pool
 worktag to identify transactions you want allocated according to your plan.
  1. Access the
    Maintain Journal Source Mapping to Operational Transactions
     task.
    Map the
    Allocation Pool
     journal source to the
    Allocation Pool
     operational transaction type.
    Security:
    Set Up: Journal Source
     domain in the Common Financial Management functional area.
  2. Access the
    Maintain Period Close Activity Groups
     task.
    Add the
    Allocation Pool Transaction
     operational transaction type to a new or existing period close activity group.
    Security:
    Set Up: Period Close
     domain in the Common Financial Management functional area.
  3. Access the
    Edit Tenant Setup - Financials
     task.
    Specify sequence generators for allocation pool transactions and allocation line groups.
    Security:
    Set Up: Tenant Setup - Financials
     domain in the System functional area.
  4. Configure the worktag usage for the
    Allocation Pool
     taggable type to determine which worktags you can enter on an allocation pool. Add
    Allocation Pool
     as a worktag type for other taggables as needed.
  5. (Optional) Access the
    Maintain Payroll Journal Options
     task.
    Add
    Allocation Pool
     as a summary dimension on payroll summary journals.
    Security:
    Set Up: Payroll - Company Specific (Accounting)
     domain in the System functional area.
  6. Configure allocation plans and tiers to determine which costs and revenue to include in your allocations and how they're accounted.
  7. Assign allocation pools to allocation plans and tiers. Configure pools to determine how to distribute costs and revenue.
  8. (Optional) Add custom fields to your allocation pools.
  9. Create allocation pool hierarchies and configure role-based security for the hierarchy.
Include allocation pools and allocation pool hierarchies on:
  • Account posting rules as condition dimensions.
  • Business process definitions as a condition rule.
  • Roles and security groups.
Include the allocation pool worktag and related worktag on transactions.
Access the
Inactivate
 task from the related action menu of an allocation pool or allocation pool hierarchy to remove it from future configuration selections.