• Allocations

  • AcctTwo Allocations is a Platform application built to facilitate period-end allocations with Sage Intacct. The application supports a streamlined allocation creation user-interface with a variety of allocation options including: allocate entire account groups at once, auto-reverse allocations, select allocation books, allocate to multiple dimensions at once, unlimited dimension filters, etc.

    Key Benefits:
    Do away with tedious and time-consuming spreadsheets and error-prone manual journal entries. Enjoy enhanced business intelligence and insight through automated period-end allocations by AcctTwo. 

    Flexible
    Allocate to multiple dimensions at once with unlimited dimension filters. Automate reversals. Allocate groups of accounts at once in a single allocation. Allocate directly within your GAAP accounting books or to separate management reporting books. 

    Easy to Use
    Create your allocations quickly with a simple single page user interface. Run all of your allocations at once, in sequence, so that results can be used by subsequent allocations. 

    Reduces Errors
    Speed up period-end processing while increasing accuracy by minimizing manual processes and offline spreadsheets. 

    Integrates Seamlessly
    The AcctTwo Allocations module is built on the lntacct platform and natively integrates with lntacct like any add-on module.

    Examples:

    • Allocate overhead costs to revenue-generating products or services based on revenue.
    • Allocate professional service labor costs to projects, customers, and departments by hours worked, as a whole department, or on an employee by employee basis.
    • Allocate the revenues of a bundled package to the individual products within that package.
    • Allocate nonprofit management salaries to the fund-restricted programs the managers are responsible for based on costs incurred by those programs.
    • Allocate building rent, utilities cost, or janitorial services to departments based on floor space occupied.
    • Allocate depreciation to departments or business units on jointly used machinery based on machine-hours.

    System Requirements:
    Sage Intacct Platform Services
    Sage Intacct Web Services

    Price:
    Contact for price.

    About:
    AcctTwo is a leading consulting firm and reseller of cloud-based accounting and financial management software. Our sophisticated systems solve the issues growing middle market companies face today.
    AcctTwo also outsources back office processes, allowing our clients to focus on the core competencies of their business. We provide the people, processes, technology and office facilities to perform these functions, while allowing our clients to collaborate interactively through an on-line portal.


    Phone: (713) 744-8403
    Website: http://www.accttwo.com
    Year Founded: 2010
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