TRANXACT.AI Help
Accounting › Close & Compliance

Settlement & Allocation

Cost collected on a collector has to reach where it belongs before the period can close, and an indirect cost center’s cost has to reach a productive one.

In Accounting → Close & Compliance · 8 screens

ScreenKindWhat it is ColumnsFieldsActions
Settlement Rules List Where cost on a collector goes, and in what proportion. A period closed over unsettled orders leaves cost stranded forever. 9 16 0
Settlement Runs Read-only list Cost moved off collectors to where it belongs. Anything the rules do not apportion is reported rather than silently stranded. 9 0 1
Allocation Cycles List Distribution keeps the original cost element; assessment rolls it into one secondary element. The first is honest, the second is readable, and every controlling department argues about which. 10 12 0
Allocation Segments List Who sends, who receives, and what splits between them. Anything less than a 100% sender share leaves a residue on the sender, which is sometimes right and usually a mistake. 10 16 0
Fixed Allocation Split List Where a driver is not appropriate: 40% to production, 35% to sales, 25% to admin, because that is what the board agreed. 6 7 0
Allocation Runs Read-only list A residue above the threshold means the iteration gave up before converging, and the cost left over is stranded on the sender — so the run says so rather than letting it disappear. 10 0 1
Cost Drivers List What causes the cost. Headcount and floor area are statistical keys; purchase orders raised, setups performed and inspections carried out are activity-based drivers. 7 7 0
Driver Values List The driver’s value per receiver per period — a statistical key by any other name. 7 6 0

Take the lesson on this section