Basis depreciation calculation is mandatory.

Allocation of depreciation cost table.

• depreciation cost and allocation results tables.
• Allocate by time cards (Check how time card date and project cost allocation dates are linked).
• Remaining budget amount
• columns in allocation results.
• Recognized by time cards table. (used to reverse expenses accrued by time cards if it happened in the same period).

How to create

To access Project Costs Allocation, go to Project costing → Project Costing documents → Project costs Allocations

Documents of the Project Cost Allocation type with the Allocation of Depreciation Costs transaction type are used to allocate depreciation costs of fixed assets to multiple projects and project tasks.

Main tab

On this tab, specify general information:

• Date (From): Defaults to the current business date but can be adjusted
• Entity: Choose the relevant legal entity (if multi-company is enabled)
• Basis: Mandatory selection of a Depreciation Calculation document
• Fill by Basis: Imports depreciation data and can be used to restore original values
• Comment: Optional field for additional remarks
• Note: All allocations are processed in the accounting currency