Configure the allocation for project journalising

You can record allocation links for the integration of allocations with Profit Financieel. The link is used to register the revenue entries from the invoices in Profit Financieel per cost centre (product, department, etc.), giving you more insight and consequently options for adjustments.

From Profit Order management (sales, and if applicable from purchasing too), you can set up the allocation per activated axis for projects and subscriptions. You can allocate on the basis od a number of standard data, such as article/integration group, item code, warehouse, etc. You can also allocate based on custom fields.

To add an allocation link:

Go to: General / Configuration / Integration settings / Allocation link.
Click on: New.
Select the axis on which you want to allocate.
Select the type of link for the invoice allocation.
For Profit Order management, you use Purchase or Sales.

For the intercompany functionality in Profit Projects, you use Intercompany revenue or Intercompany purchase.
In Field, select the field in the invoice on which you want to allocate. For example, by article/integration group, item code, warehouse, etc. If applicable, you can also link custom dimensions.
Click on: Finish.

You cannot change an allocation link, but you can delete the old link and add a new one.

To add allocation codes:

You add allocation codes per project, project group, etc. For example: If you have entered the value 'Project' in Field below for the allocation link, you must add a new allocation link PER PROJECT. Make sure you add them for the correct axis.

Go to: Financial / Allocation / Allocation code.
Click on: New.
Select the allocation axis.
Complete the fields.
If applicable, enter a value for this allocation code in the Selection value field. You can make selections based on the Selection value in a number of allocation overviews.
Click on: Finish.

When you have added these, create the allocations (enable the code for the account). You can find the relevant accounts in the integration accounts and the integration types. You can find these by selecting General / Configuration / Integration settings / Integration account or General / Configuration / Integration settings / Integration type.

When entering the sales invoice, the field that you have set for the allocation link in Field must be entered at the LINE level. After journalising the sales invoice, you will see that the revenue has been allocated.