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How Allocation rule works

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Can you review the below scenario and comment if we can use the allocation feature to meet the requirements.

We want to move the balances from one particular Parent account(parent account having multiple child values) to a specific Child Account .

We have 9 segment COA structure. In below figure i am trying to explain what we needs is.

We need to move the balances from account NOIoooo (parent account consists of multiple childs) to a fixed segment4 value 82127001 and segment7 value 101. To distribute the balances, we only have 4 fixed values i.e segment4,segment7,segment8 and segment9. Rest all other segments should be same as exists in the FROM. Can we use the allocation feature for this?

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