How to Allocate a New Bill
45 steps
|
2 minutes
1
Navigate to Brokerage Engine
2
Click "Accounting"
Enter the New Bill Received
3
Click "Quick Actions"
4
Click "New Bill"
5
Click on the dropdown menu to select a Vendor or Add a New Vendor.
6
Click on the dropdown menu to select the terms.
7
Click "Net 29"
8
Select your Accounts Payable Account from the dropdown menu.
9
Click "2000 - Accounts Payable"
10
The Bill date will autogenerate with today's date.
11
The Due date will autogenerate using the Bill's date and the Terms selected.
12
Click the "Bill No." field to type the refence number.
13
Click on the dropdown menu to select your account.
14
Click "Advertising & Marketing"
15
Click this text field to add the amount.
16
Click "Add Line" to summate additional entries to the Bill.
17
Click "6000 - ADVERTISING EXPENSES"
18
Click this text field and add the amount.
19
Click "Add Line"
20
Click "6070 - Advertising Management"
21
Click this text field to add the amount.
22
Click the "Memo" field to add an optional memo to the Bill.
23
Click here.
24
Click "Save"
25
Click "OK"
Allocate the Bill by Classes
26
Click on the dropdown menu next to the "Journal Entries" button in order to allocate the Bill.
27
Click "Allocate"
28
Click "Allocation Method"
29
Click "Number of Classes" to allocate by Classes.
30
Click on the checkboxes in order to select which classes to use for the allocation.
31
Click "Allocate" once the correct Classes have been selected.
32
A Journal Entry will be created with the allocation.
33
The Memo field will display a breakdown of the allocation.
34
Click "Save"
35
Click "OK"
Allocate the Bill by Office Space (sqft)
The Office Square Footage needs to be configured before the allocation tool can be utilized.
36
Click "Toggle Dropdown"
37
Click "Allocate"
38
Click "Allocation Method"
39
Click "Office Space (sqft)" and then click on the "Allocate" button to create the Journal Entry.
Allocate the Bill by Number of Agents
40
Click "Number of Agents" from the Allocation Method.
41
Click on the "Allocate" button to create the Journal Entry.
Allocate the Bill by "Total Sales Volume"
42
Click "Total Sales Volume" from the Allocation Method menu.
43
Click on the "Allocate" button to create the Journal Entry.
Allocate the Bill by "Fixed Percentage"
44
Click "Fixed Percentage" from the Allocation dropdown menu.
45
Click on the "Allocate" button to create the Journal Entry.
