Hi there, thanks for the posting.

Allowing allocations, be it deemed 'fund', 'project', 'job site' or other, is a setting that if turned on, will allow postings to that account to be 'allocated' or tagged to a specific project.  This feature is most commonly used by the construction industry as expenses (and revenue) are often accrued for a number of ongoing projects, E.G. four houses being built.  Materials purchased and costs outlayed then need to be 'allocated' amonst all four projects so that a true picture of cost/profit per house/project can be displayed in the Project/Jobsite reports. This feature allows tracking and reporting of revenue and expense accounts only.

Try searching the Help menu for 'Project' for more detailed info on how to setup and use this feature.

I hope this helps.

 To: Alec B:

Good information !

If I allow allocations for a non profit organization, do I have to set up a chart of accounts?

Hi again,

Well the only way to allow allocations to an account is to turn the feature on in the chart of accounts, so any account you'd like to allocate postings to would have to be setup in the COA.  So yes basically, setup the accounts first then turn on allocation for those needed.

 To: Alec B.

Thanks again Alec! I understand!