Profit and Loss Report by Class and use the Allocation Tool
18 steps
|
2 minutes
1
Navigate to Brokerage Engine.
2
Click "Accounting" to access the interface.
Review the Classes
3
Click the "Settings" tab.
4
Click the "Classes" option.
5
Review that the correct information for the Classes is displayed.
Generate the Report
6
Click the "Reports" tab.
7
Select the "Financial Reporting" option and on click "Profit and Loss by Class"
8
The report will populate.
9
Toggle the "Show Allocation Tool" to "Yes".
10
Select the small pie chart for the Class and Account to allocate.
11
Select the Allocation Method using the dropdown menu.
12
Only the Classes that have the Allocation information will be available for selection.
13
Select the Classes to allocate the Amount.
14
Click the "Allocate" button.
15
The Allocation Journal Entry will populate.
16
Click "Save"
17
Click "OK"
18
The Profit and Loss Report by Class will populate with the allocated amounts.
