How do I create fund allocations?

If funds will be allocated to the journal code, you'll need to set up a fund allocation.

1. Open Connect General Ledger > Organization > Journal Codes.

2. Click the field titled Journal Code, and then enter the journal code and press Enter.

3. Click to select the Allocations tab.

4. Click to select the checkbox titled Create Fund Allocations.

5. Click to select the field titled Account Number, and then enter the account number for the allocation account.

6. Use the Destination Journal menu to select the journal code for the allocation journal.

7. Click OK.

The budget level is assigned.