Periodic allocation table

You use periodic allocation tables to budget ledger accounts and cost centres and to determine periodic depreciation amounts for fixed assets.

Description

You use the period table for the following functionality:

• Budgeting

  When budgeting, for example, a ledger account you enter the annual budget and the period allocation. Profit automatically allocates the annual budget over the periods based on the period percentages from the periodic allocation table.

• Fixed assets

  Profit writes off the same amount for fixed assets in each period unless you apply a periodic allocation table with a deviating allocation. You link the periodic allocation table to the asset group.

Procedure

• Add a periodic allocation table

  You add periodic allocation tables to allocate an annual budget over periods or to allocate depreciations.

• Maintain period percentages

  Once you have added a periodic allocation table, you can change the period allocation (the percentages).