Powerful GL Distributions
Distribute expense, even by line item, into hundreds of GL accounts in seconds.
Paramount WorkPlace flexible GL Distribution function allows you to distribute expense line items into one or more GL accounts. The distribution may be edited throughout the procurement cycle, during expense entry and approval. The selected distribution follows the transaction into your ERP software as the expense reimbursement invoice is created.
With Paramount WorkPlace, you can distribute expense line items into hundreds of GL accounts in seconds. Each expense line can reference a single GL account, or be shared across multiple GL accounts allocated by a percentage. For speed and convenience, you can establish predefined distribution groups, assigning a percentage to each account in the group. Choose the desired predefined allocation/distribution groups during expense entry.
- Control: Total control and flexibility reflected in the expense & ERP sides
- Flexible: Distribute individual line items into multiple accounts.
- Manage: Enter and edit the distribution at any point in the expense report cycle
- Speed: Leverage Distribution Groups for quick and easy auto or manual GL distribution
A single expense line may be distributed to multiple GL accounts
Terms & Definitions
What are General Ledger (GL) distributions:
GL Distributions are used to define how an expense amount will be accounted for, such as how the expense, asset, tax, or charges will be encumbered on the purchase order or accounted for on the product receipt or vendor invoice.