Dynamic Allocations Software

Understand the true performance of your organization with fully automated allocations.

 

Dynamic Allocations Accounting and Financial Management Advanced Functionality
Trusted by
Deseret Mutual Benefit Administrators

Automation and productivity highlights

Easy set-up and repeatable allocations allow for more time spent on oversight, analysis, and strategy

Automatic corrections eliminate post-period adjustments

Compare allocation methods to drive strategy

Increase transparency with a rock-solid audit trail

Perform allocations without complex spreadsheets

Eliminate the need for error-prone, time-consuming spreadsheets. Allocate indirect costs, revenue contributions, asset, and liability amounts across products, projects, departments, and other critical dimensions of your business.

Accounting and Financial Advanced Functionality Dynamic Allocations Without Complex Spreadsheets

Remove complexity from allocations

Easily schedule recurring allocations, even across entities, to run automatically. Saving you up to three days each month—time for more value-add activities.

Accounting and Financial Advanced Functionality Dynamic Allocations Simple and Intuitive

Avoid time-wasting manual corrections with Dynamic Allocations

Our flexible true-up options save you from having to go in and make corrective post-period adjustments. Corrections can be baked into the allocation equation, automatically following a strategy defined up-front to catch and account for change.

Accounting and Financial Advanced Functionality Dynamic Allocations Without Corrective Post Period Adjustments

Increases audit-readiness

Be prepared with the best audit trail, complete with snapshot views of allocation rationale and calculation parameters automatically attached to each allocation journal entry for complete transparency.

Accounting and Financial Advanced Functionality Dynamic Allocations Increases Audit Readiness

Use data to drive decisions and strategy

Sage Intacct’s innovative allocation books enable you to easily get before and after views of your allocations or compare allocation methods. Quickly see the impact of your allocations to help guide your decision making and allocation strategy.

Accounting and Financial Advanced Functionality Dynamic Allocations to Drive Decisions and Strategy

Advanced Functionality

Flexible advanced functionality to automate and streamline key finance and accounting processes.

Resources

Understand the True Performance of Your Business

Understand the True Performance of Your Business

2019 Release 2 Highlight: Dynamic Allocations Reaches a Milestone on the Path to a Continuous Close

2019 Release 2 Highlight: Dynamic Allocations Reaches a Milestone on the Path to a Continuous Close

Leverage Automation to Manage Revenue under New Nonprofit Guidelines

Leverage Automation to Manage Revenue under New Nonprofit Guidelines

Dynamic Allocations has enabled us to do the valuable allocations that we have always wanted to do but didn’t have the manpower. By using automated journal entries in Dynamic Allocations, we’re saving an accountant 1-2 days of work a month and are able to provide even more valuable insights to management.
Todd Hansen
Assistant Controller, Deseret Mutual Benefit Association

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Frequently asked questions

What is Sage Intacct Dynamic Allocations?

Dynamic Allocations fully automates allocations inside your accounting solution so you can understand the true performance of your organization. Allocate indirect costs, revenue contributions, assets and liability amounts across multiple dimensions and entities to save days of time, increase accuracy, and gain insight into the impact to financials, all with a solid audit trail. Built as a modern allocation solution, you’re getting a solution with years of best practices built in, giving you an innovative, streamlined solution.

What makes Sage Intacct Dynamic Allocations better than other market offerings?
  • Basis: Sage Intacct supports statistical accounts or relative financial account balances as basis out-of-the-box
  • Pervasive dimensionality: Sage Intacct allows you to use any standard or user defined dimensions when setting up allocations to do things such as limit the inputs and outputs of allocations.
  • Snapshot: Sage Intacct offers the ability to view snapshots of an allocations impact to quickly get a before and after view.
  • Recurring allocations: Sage Intacct allows customers to easily set up recurring allocations—and there’s no need to be reminded to book allocations because it happens automatically
  • True-up: When creating a new allocation, Sage Intacct automatically checks for previous allocations in the same source period. If one is found, the previous allocation is automatically reversed as the first step when the new allocation is generated. The GL posting date will be the same as the new allocation creation date and will essentially ‘reset’ the allocation amount as though the prior allocation didn’t exist. Your allocations adjust as your basis accuracy over time
What are the benefits of Dynamic Allocations?

Dynamic Allocations allow for increased automation and productivity:

  • Easy set-up and repeatable allocations allow for more time spent on oversight, analysis, and strategy
  • Automatic corrections eliminate post-period adjustments
  • Compare allocation methods to drive strategy
  • Increase transparency with a rock-solid audit trail
What is the difference between Transaction Allocations and Dynamic Allocations?

Transaction Allocations:

  • Allows line-item amounts to be broken out by dimensions at the time of a transaction is booked
  • Can be percentage based, exact amount, fixed amounts using over or under logic
  • Ability to import large transaction allocations
  • Assigned at the time of booking transactions
  • Are static splits between dimensions, not dynamic calculations
  • Stored in accrual book

Dynamic Allocations:

  • Allocated on account balances
  • Entries which need to be grouped or run sequentially
  • Run on recurring intervals
  • Can be either statically assigned splits or dynamically calculated
  • Stored in a user defined book and journal