Performing Bulk Allocations

Applying an allocation scheme to more than one asset at a time is called a "bulk allocation." Follow the instructions below to perform a bulk allocation.

To perform a bulk allocation

1. In the Asset List, select the assets whose costs (or depreciation amounts) you want to allocate.
2. Select Asset/Bulk Allocate from the menu bar. The system displays the Bulk Allocate window.
3. Select the G/L Expense Account tab to allocate the entries in the G/L Expense Account field for the selected assets.
4. Select the G/L Asset Account tab to allocate the entries in the G/L Asset Account field for the selected assets.
5. Select the G/L Accumulated Account tab to allocate the entries in the G/L Accumulated Account field for the selected assets.
6. Click OK to exit from the Bulk Allocate window.

The assets that you select in the Asset List could have several different allocation schemes when you select them. The system cannot display more than one allocation scheme at a time. Therefore, the Bulk Allocate window displays blank fields when you first open it. You can accept the existing allocation scheme for the selected assets by leaving the window blank and then clicking either the OK or Cancel buttons. If you enter a new allocation scheme, it applies to all of the selected assets. To delete the current allocation scheme for the selected assets, you must click the Clear Allocations check box.