The period allocation terms is to identify the predefined distribution of the budget between periods, for example, the travel expense is distributed over the course of a year. To create period allocation terms, navigate to General ledger | Ledger setup | Period allocation categories, as shown in the following screenshot:
Then move to Lines, and enter the allocation percentage for three months, as shown in the following screenshot:
Over the course of the budget register entry preparation, the user could distribute the travel expense amount using period allocation, navigate to Budgeting | Budget register entries, create a new record, and select Budget model and Budget code. Then, move to Budget account entries, select the P&L account structure, main account, and enter the amount. Click on Allocate across periods, as shown in the following screenshot:
The system will distribute the amount based on period allocation terms. The system will then generate the distributed lines and a negative line with the full amount, as shown in the following screenshot:
