You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Can SLA do allocation function?

edited Nov 12, 2020 12:53AM in Project Management 5 comments

Summary

Can SLA do an allocation function?

Content

Use case: ( We are not using grants) 

A project is funded/sponsored by multiple internal organizations. Say a project with revenue budget of 100000 USD is funded by 4 different internal organizations Department 1,Department 2,Department 3, Department 4 in 40, 30, 20, 10 percentages respectively. I am maintianing this information on project classifications with %. One of them is the main project owning organization.

At the period end, can I use SLA to allocate the cost as per the above percentages to respective departments and push it to GL?

Ex: Cost of 100,000 USD at month end should go to 4 different departments to their respective expenditure types as per the percentages marked in project classifications.  The same should be done to revenue as well. 

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!