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About Allocating Line Items to a Cost Account

When you are using the Budget/Cost Management (BCM) module, you need to ensure that all of the money from your document's line items goes to the appropriate cost accounts. Furthermore, the information about this money must be in the appropriate categories (ACR columns) that are meaningful to those who analyze the information.

You can categorize the money from your line items and allocate it to the appropriate cost accounts. Allocating line items enables you to produce reports that help precisely track your workspace's expenses and revenue.

For example:

• For a line item on your contract, you add three allocations.
• You categorize each allocation by selecting an ACR column. You can also accept the default ACR column.

In this example, you can view the information for the cost account allocations from the cost account or the contract. However, you can only edit the allocations from the contract, because the contract controls the allocations.