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Application Differences - Sales & Purchase Ledgers - Allocating Transactions

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Application Differences - Sales & Purchase Ledgers - Allocating Transactions

Transaction allocation is done in the currency for the account so that an exact match can result. However, although the result of the allocation must balance credits with debits in the currency concerned, the result of the allocation in the base currency may well not balance out. As well as writing away the allocations, therefore, a further transaction is written to balance the base currency allocation, as was described above.

This transaction is written as analysis type 6, and its currency values are always zero. It is updated into the nominal ledger along with all the other analysis records.

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