iTracer lets you split transactions to multiple allocation accounts by clicking the “Split” button in Edit Transaction Data in the Allocation function.
This functionality is useful when parts of a single transaction contain amounts allocated to different cost centers. For example, if a transaction from a computer supply store includes the purchase of computer hardware and perishable office supplies, the user can split the transaction and allocate the appropriate amounts to their respective cost centers.
To split a transaction, click the Split button to the left of the transaction that you want to split. The following form appears with the original amount displayed in the upper right corner of the form.
The original transaction may be split into a minimum of two and up to a maximum of ten cost centers. The sum of all these split transaction amounts must equal the original amount. Type the amount and the corresponding Main GL Number for each split of the original transaction.
After all changes are made, click Update. A confirmation message appears indicating that the update was successful.
If you need to split a transaction more than ten ways, assign the first nine and use the balance amount for the last row. You can select this last transaction for splitting from the Edit Transaction page after your update and further split that amount up to ten more ways.
