After you have defined ABC G/L pools, use the G/L Account Maintenance window to assign pools to G/L expense accounts and specify the percentage of the account balance to allocate to each pool.
For example, you might determine that 30 percent of the total wages paid to your sales staff are related to the function of entering a sales order. In this case, you would assign the Sales pool to the Wages and Salaries - Sales G/L expense account and allocate 30 percent of that account to the pool.
Note: You also need to assign G/L pools to ABC activity codes. The ABC Cost Calculation program uses G/L pools to determine the cost associated with each activity that has been logged during a specified period.
To assign G/L pools to a G/L account:
From the G/L > G/L Maintenance menu, select G/L Account Maintenance to display the G/L Account Maintenance window.
In the Account field, enter the name of the account to which to assign a G/L pool.
From the Edit menu, select ABC Pool to display the ABC Pool dialog box for that account.
In the G/L Pool column, enter the names of the pools to associate with this account.
In the Percentage column, enter the percentage of the account balance to allocate to each pool.
Note: The percentages do not have to equal 100 percent.
See Also:
Activity-Based Costing Overview