Allocations Manager

Key Application Features

• Allocates interest and expenses to groups of accounts based on average daily balance of related source accounts.
• Source and destination accounts may be saved as allocation profiles for quick re-use.
• Unlimited allocation profiles may be defined.
• Security by allocation profiles for managing user's ability to post allocations.
• Selective posting to general ledger to facilitate what-if scenarios.
• Audit trail of allocations calculated and posted to general ledger.

Key Technical Features

• Multiple operating system and database support makes it easy to integrate with your current hardware and software investments.
100% Open Source stack- No additional licensing or maintenance costs. Zero client configuration, easy for IT Staffs to administer. Easy web deployment provides application updates automatically to users.

Available Integrations

• Sungard IFAS General Ledger© Integrated posting of interest and expenses to pre-defined accounts groups.