• Publish date: December 31, 2021

  • Last update: December 31, 2021

About this course

GEN-8– Infor SunSystems v6.4 Corporate Allocations

Corporate Allocations

In this GEN-8, you will learn everything there is to Corporate Allocations, a powerful tool in SunSystems that enables users to allocate costs and revenues across different entities, departments, products, and projects.

Knowledge & Skills

By taking this course, you will gain in-depth knowledge and practical skills in redistributing costs, apportioning expenses and intercompany costs, uplifting budgets, measuring performance, implementing activity-based costing, and many more.

Common Uses

The course first covers the purposes and common uses of Corporate Allocations, then delves into the core components of each allocation and how the tool runs.

Who should take this course?

Corporate Allocations can be an invaluable financial management tool for accountants at all levels, including management, financial, and cost accountants.

If you are looking to streamline your cost and revenue allocation processes, analyse financial data more effectively, and make more informed strategic decisions, we highly recommend taking our Corporate Allocations course.

Why take this course?

Reasons to not overlook our GEN-8 Infor SunSystems v6.4 Corporate Allocations:

  • Learn how to allocate various types of costs and revenues across different entities, departments, products, and projects. With this knowledge, you can streamline your cost and revenue allocation processes and ensure that resources are used effectively.

  • Discover how to create allocation rules based on different criteria, such as percentage splits, headcount, square footage, and transaction volumes. By understanding how to configure these rules, you can save time and effort on manual allocations and ensure that they are accurate and consistent.

  • Learn how to view the results of allocations in real-time and drill down into the details of underlying transactions. This can help you identify inefficiencies and make more informed decisions, leading to better financial outcomes for your organisation.

  • Overall, GEN-8 can help you develop essential financial management skills and be more efficient when making strategic decisions.

Courses to take after completing GEN-8

  • Learn more about TRG Academy:

    • TRGA-01 TRG Academy

  • Courses about Fixed Asset Management:

    • GEN-6 Infor SunSystems V6.4 Fixed Assets

  • Courses about Financial Management:

    • GEN-22 Infor SunSystems Cloud Foundation

    • GEN-23 Infor SunSystems Cloud Financials GL

  • Other Courses about Financial Management:

    • GEN-24 Infor SunSystems Cloud Accounts Payable/p>

    • GEN-2] Infor SunSystems Cloud Accounts Receivable

  • About Infor Q&A

    To explore more about this powerful query and analysis tool that helps you pull data out of SunSystems and import data into SunSystems:

  • Courses about Infor Q&A

    • IQA-1 Infor Q&A 11 Basic

    • IQA-2 Infor Q&A 11 Advanced [IQA-1] Infor Q&A 11 Basic

This course is designed for:

Course curriculum

    1. Welcome

      FREE PREVIEW
    2. Lesson Note

    1. Introduction

    2. Login

    3. Logout

    4. Change Password

    5. Change Business Unit

    6. Home page and Navigation

    7. Learning Check

    1. Introduction

      FREE PREVIEW
    2. Corporation Allocations Overview

      FREE PREVIEW
    3. Corporation Allocations Process

    4. Apportioning Expenses Scenario

    5. Learning check

    1. Introduction

      FREE PREVIEW
    2. Amend P&L and Memo Account Codes

      FREE PREVIEW
    3. Hands-on: Amend P&L and Memo Account Codes

    4. Create and post a Journal for the P&L Account

    5. Hands-on: Create and Post a Journal for the P&L Account

    6. Create and post a Journal for the Memo Account

    7. Hands-on: Create and Post a Journal for the Memo Account

    8. Create a new Allocation Source

    9. Hands-on: Create a new Allocation Source

    10. Create a new Allocation Target

    11. Hands-on: Create a new Allocation Target

    12. Create a new Allocation Ratio

    13. Hands-on: Create a new Allocation Ratio

    14. Create a new Allocation Setup

    15. Hands-on: Create a new Allocation Setup

    16. Learning check

    1. Introduction

      FREE PREVIEW
    2. Run the Corporate Allocation

      FREE PREVIEW
    3. Hands-on: Run the Corporate Allocation

    4. Learning check

    1. Introduction

      FREE PREVIEW
    2. Account Listing

      FREE PREVIEW
    3. Hands-on: Account Listing

    4. Journal Listing

    5. Hands-on: Journal Listing

    6. Learning check

About this course

  • 42 lessons
  • 1.5 hours of video content
  • 7 hours to complete
  • Published: December 31, 2021
  • Updated: December 31, 2021

Available languages

English

GEN-8 covers Corporate Allocations, a powerful tool for allocating costs and revenues across entities, departments, products, and projects. Gain valuable skills, streamline your financial process, and make more informed decisions with GEN-8 today.

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