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).

The Allocation of depreciation cost is used to distribute depreciation expenses across multiple projects.

How to create

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

To assign depreciation costs to a project, it is mandatory to select the depreciation document in the Basis field.

This tab is used to enter basic information for depreciation cost allocation, i.e., date, document number, entity, and the basis document.

• Transaction Type - Select Allocation of Depreciation Costs first to enable the fields.
• Basis - Choose a Payroll Calculation document as the basis for labor cost allocation. Use Fill by Basis to copy data in other tabs or reset changes.
• Comment - Add any notes about the allocation.

All allocations are in the accounting currency.

The “Use New Income & Expenses Reallocation Schema” option refers to an updated internal method (schema) used by the system to manage cost allocation logic.

Note: This is a system-controlled setting and is not amendable by users.

Allocation of Depreciation cost 

This tab is available only for documents with the Depreciation Cost Allocation transaction type. It contains two tables:

• Depreciation Costs - Automatically populated based on the depreciation calculation document selected on the Main tab.
• Allocation Results - Displays the depreciation costs allocated to projects.

To allocate costs, click the Allocate by Time Card button. The system will automatically distribute the depreciation costs according to the time card data of the fixed assets.

Main tab

This tab is used to specify general information

• Entity - Select the entity
• Basis - Choose the Depreciation Calculation document to use for allocating costs to projects; this field is mandatory
• Fill by Basis - click this option to automatically populate the Depreciation Costs table with data from the selected document. 
• Comment - Optional field to add notes or remarks

Allocation of Depreciation cost

This table shows how depreciation is distributed across projects.