Apply Statistical Unit Counts to Expense Allocation

A large hurdle for our organization is to accurately and timely allocate indirect expenses to different Programs and Service Groups. The ability to apply the statistical unit counts (in our case sq ft and full-time employee/payroll allocation) and allocate expenses on a more regular basis would be an extraordinary tool for us. The excel add-in for creating counts coupled with this would allow us to allocate extremely easily at every payroll.

  • Guest
  • Aug 28 2020
  • Planned
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  • Admin
    Eddie Barker commented
    1 Oct, 2020 04:28pm

    We are in the Early Adopter Program, gathering feedback from a few users and planning changes in the functionality based on that, there is no publicly available date at this time. Please keep watching the Community and our product update briefings. Thanks!

  • Guest commented
    1 Oct, 2020 02:23pm

    Thank you for the response! When might you expect this functionality to be available to use?

  • Admin
    Eddie Barker commented
    1 Sep, 2020 12:44pm

    Allocation management in NXT is in the preview stage, and this functionality (allocate by unit counts) is included. We will post on the Community and discuss in product update briefings as it moves along. Thanks!