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Advanced Allocations

Speed up period-end processing and gain a better view of your company’s revenue and expenses

Advanced Allocations

With rising costs impacting all facets of business, leaders need to account for every allocation of their expenditures and earnings. With Baker Tilly Digital’s Allocation module, improve your business intelligence and insight by eliminating tedious, time-consuming spreadsheets and error-prone manual journal entries.

    Understanding Advanced Allocations

    Watch this short video to learn what Advanced Allocations is and how it can help your business or organization.

    Hear from Millennium Physicians Association



    "We’re able to get our bonus calculations done within a week, when in the past it would take months into the year before our physicians got paid."
    Chris Hopeck, CFO, Millennium Physicians Association

    Common allocation use cases

    Understanding operating costs

    Overhead costs allocated to revenue-generating products or services based on a percentage of total revenue.

    Determining costs of services

    Professional service labor costs allocated to projects, customers and departments by hours worked, as a whole department or on an employee-by-employee basis.

    Outlining bundle versus individual costs

    Revenues of a bundled package allocated to the individual products or services in that package.

    Utility costs

    Building rent, utilities costs or maintenance services allocated to departments based on floor space occupied or number of department employees.

    Designating shared expenses

    Depreciation allocated to departments or business units on jointly used machinery based on machine-hours.

    Applying salaries to funds

    Not-for-profit management salaries allocated to the fund-restricted programs the managers are responsible for based on costs incurred by those programs.

    Benefits of our Allocation tool

    • Flexibility
    • Ease of use
    • Error reduction
    • Seamless integration

    • allocate revenue and expenses 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

    • 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

    • speed up period-end processing
    • increase accuracy by minimizing the use of manual processes and offline spreadsheets

    • built on the Sage lntacct platform
    • natively integrates with Sage lntacct like any add-on module to automate your allocation accounting

    Get more from your allocations

    With an easy, scalable and repeatable allocations set-up process, even across entities, you can get back to focusing on the strategic aspects of your business.

    Automatic corrections

    Eliminate duplicate allocation entries by automatically detecting if the allocation was run for the period.

    Increased transparency

    Through an in-depth audit trail, including snapshots of allocation rationale and calculation parameters automatically connected to each journal entry.

    Support for changing allocations

    Add start and end dates, as well as weighted average calculations, for any given allocation so you can plan in advance for calculation changes or seasonal allocations.

    More visibility

    Distribute indirect costs, revenue, asset and liability amounts throughout products, departments, projects and other critical areas of your business.