Variable Allocation "Based on" Trx Period?

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Posted on by Vicki RR

I use Variable Allocations to allocate group insurance adjustments across all 90+ departments, The setup options include "Based On" either "Year-to-Date" or "Trx Period" Can anyone tell me what "Transaction Period" means? Is it the current month? Ex - at the end of the month, I need to make an adjustment of $10,000. I currently have it set to "Year-to-Date", so (I assume) it looks at the YTD balance in the Distribution Accounts. I would prefer to use the current month's activity. If I select "Based On Trx Period", will it allocate it to the Distribution Accounts based on the balance for the month?

Thank you!

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Administration and Setup

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Margi Jandro on at

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RE: Variable Allocation "Based on" Trx Period?

Hi,

You are correct, the transaction period is the month in which the transaction was posted.

I hope this helps answer your question.

I hope this helps,

Margi Jandro

Support Engineer