• Publish date: December 31, 2021

  • Last update: 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.

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

Course curriculum

    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: Define the Allocation Components (Amend P&L and Memo Account Codes)

    4. Hands-on: Define the Allocation Components (Amend P&L and Memo Account Codes) with instructions

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

    6. Hands-on: Define the Allocation Components (Create and Post a Journal for the P&L Account)

    7. Hands-on: Define the Allocation Components (Create and Post a Journal for the P&L Account) with instructions

    8. Create and post a Journal for the Memo Account

    9. Hands-on: Define the Allocation Components (Create and Post a Journal for the Memo Account)

    10. Hands-on: Define the Allocation Components (Create and Post a Journal for the Memo Account) with instructions

    11. Create a new Allocation Source

    12. Hands-on: Define the Allocation Components (Create a new Allocation Source)

    13. Hands-on: Define the Allocation Components (Create a new Allocation Source) with instructions

    14. Create a new Allocation Target

    15. Hands-on: Define the Allocation Components (Create a new Allocation Target)

    16. Hands-on: Define the Allocation Components (Create a new Allocation Target) with instructions

    17. Create a new Allocation Ratio

    18. Hands-on: Define the Allocation Components (Create a new Allocation Ratio)

    19. Hands-on: Define the Allocation Components (Create a new Allocation Ratio) with instructions

    20. Create a new Allocation Setup

    21. Hands-on: Define the Allocation Components (Create a new Allocation Setup)

    22. Hands-on: Define the Allocation Components (Create a new Allocation Setup) with instructions

    23. Learning check

    1. Introduction

      FREE PREVIEW
    2. Run the Corporate Allocation

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

    4. Hands-on: Run the Corporate Allocation with instructions

    5. Learning check

    1. Introduction

      FREE PREVIEW
    2. Account Listing

      FREE PREVIEW
    3. Hands-on: Inquiries & Reports (Account Listing)

    4. Hands-on: Inquiries & Reports (Account Listing) with instructions

    5. Journal Listing

    6. Hands-on: Inquiries & Reports (Journal Listing)

    7. Hands-on: Inquiries & Reports (Journal Listing) with instructions

    8. Learning check

About this course

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

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What our students say

5 star rating

Infor SunSystems V6.4 Introduction

Benjamine Ouma

I have really expounded on my Infor SunSystems knowledge. Thank you so much

I have really expounded on my Infor SunSystems knowledge. Thank you so much

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5 star rating

[GEN-1] SunSystems Introduction

Adams Machi

Well Structured and Easy to grasp the Systems capabilities for Non-SunSystems users

Well Structured and Easy to grasp the Systems capabilities for Non-SunSystems users

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