A MassAllocation formula to create journals that allocate revenues and expenses across a group of cost centers, departments, divisions,

and so on. Use a Mass Allocation formula to create journals that allocate revenues and expenses across a group of cost centers, departments, divisions, etc. 1. Navigate to the Define MassAllocations window. The Navigation Path is: Journals>Define>Allocations 2. Enter a Name for the MassAllocation batch. 3. Choose Actual or Encumbrance as the Balance Type. 4. Enter a Description for the MassAllocation batch. 5. Press the Formulas Button to enter the Mass Allocation Formulas. For more on entering MassAllocation formulas, see below 6. After entering the formulas, save the changes, close the window. 7. Press the Validate All button to validate the new batch. 8. Check the MassAllocation batch validation status. 9. Generate unposted journal batches from the MassAllocation formulas.

Use a Mass Allocation formula to create journals that allocate revenues and expenses across a group of cost centers, departments, divisions, etc. 1. Navigate to the Define MassAllocations window. The Navigation Path is: Journals>Define>Allocations 2. Enter, or query, the name of the MassAllocation batch to add the formula to. 3. Press the Formulas button. 4. Enter the Name, Category, and Description, of the MassAllocation formula. 5. Choose whether to Allocate Balances From the full balance, or a single entered currency. 6. Choose Full Cost Pool Allocation to have rounding differences added to the cost pool with the largest relative balance. 7. Enter the Formula Lines 8. Saves the changes.

Oracles Mass Allocation (aka Stored Procedure): A formula that allocates revenues or expenses across a group of profit centers, departments, divisions or companies. Whatever you call them, in Deltek Vision these are your Organizations (Orgs). The formula creates a Transaction Entry file for posting into your General Ledger.

In Oracle, a Mass allocation is a process through which one can distribute and allocate expenses to various accounts. It is a very useful tool to properly distribute amounts between accounts and across organizations. For example, rent for the entire premises can be allocated to different orgs based on the area occupied by each department. The Mass allocation journals in Oracle are handled in a step by step manner. The following steps are involved in creating a Mass Allocation Journal Entry: 1. Define the Mass Allocation - The definition contains parameters as to how and what is to be distributed. 2. Validate the Mass Allocation The second step is to validate the mass allocation to ensure that the accounts, orgs and/or projects are correct and accurate. 3. Generate the Mass Allocation Journal Finally, generate the mass allocation journal so as to distribute or allocate the amounts based on the defined formula.

4. Review and post the entries Once the mass allocation journals are generated, the last step in the process is to review the journals and post the entries to the Oracle GL General Ledger.