Allocation Methods are pre-defined calculated accounting distributions. The lower part of the grid is where Allocation details (accounting distributions) are added. The Weight/Value/Exp field allows the entry of anything from simple values to complex expressions based on the values in the register. Substitution Variables can be selected from the drop-down box as well.
Once selected, the variable is added to the selection box on the right-hand side. Copy the variable by highlighting it and pressing Ctrl+C. These variables can then be used in expression fields. See Appendix B: Substitution Variables for a detailed list of substitution variables. Each Allocation Method contains the following fields:
|
Field |
Description |
|---|---|
|
Method ID |
A unique identifier for the Allocation. |
|
Name |
This contains the Allocation name. This field is linked to the detail grid on the Calculation Plans page. |
|
Description |
This contains the Allocation description. This field is displayed as the Plan Data page’s Class Description. |
|
Value Type |
Select the calculation method that the allocation will use. |
|
Fixed Value |
Uses a static amount for the Allocation accounts. |
|
Expression |
Specifies that the value for the allocation account will be calculated using an expression defined in the in the Weight/Val/Exp field. |
|
Expression (ZP) |
This method will suppress zeroes for Activity (non-Cumulative) type accounts during Expression calculation. |
|
Wage Percentage (called Value Percentage in all other solutions) |
Specifies that the value for the allocation account will be calculated by multiplying the person’s wage by the value entered in the Weight/Val/Exp field. |
NOTE: For additional value types that are available for other Compliance solutions, see Appendix C: Calculations (Allocation Methods) .
Allocation Method Detail
Each Allocation Method contains the following fields:
|
Field |
Description |
|---|---|
|
Sequence |
Numeric field that orders the allocation accounts. |
|
Description |
Text field that holds text description. This description is displayed on the People Plan’s Item Description field. |
|
Weight/Value/Exp |
This field contains the amount or method used to calculate the allocation amount. When using Wage Percentage, enter a decimal value to multiply by each person’s wages. If a Fixed Value is used, enter the full amount for the allocation in each account. If an Expression is used, enter the expression in this field. |
|
Dimensions (Account - UD8) |
These fields hold the POV for the allocation / journal. Populate each Dimension field with a valid member. |
