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Allocation

Use the advanced allocation scheme

Use the advanced allocation scheme to select multiple columns for the allocation (for example, to use both an absolute dollar and a percentage column). You can add various combinations of allocation schemes using up to 6 allocation components with the following limitations.
  • No more than 2 Absolute dollar components can be added.
  • No more than 2 Percentage components (Percentage, % - Custom, Profit, Loss, or Ownership capital) can be added when not adding a Unit component. Only 1 Percentage component can be added when also adding a Unit component. When not also using a unit component, the last percentage component in the scheme will need to total 100 percent.
  • Units will always allocate 100% of the remaining balance to be allocated. Therefore, when used, Units should always be the last column in an advanced scheme.
  • The Greater Of component counts as 2 components. When using the Greater Of component, a Percentage or Unit component should also be added to allocate the remaining amounts.
  1. Select
    Ptr Alloc
     to open the
    Special Allocation of
     window.
  2. Mark the
    Specially allocate
     checkbox then select
    Advanced allocation
    .
  3. Select
    Define Scheme
    .
  4. Define the scheme. The order of the data entry types in the Allocation Components pane will be the order used to calculate the partners' distributive share amounts.
    • To use a previously defined advanced allocation scheme, select the desired format from the Previously Used Schemes pane then select
      Select
      . The columns from that format are now listed in the Advanced Scheme pane. To modify the format, add allocation components, select
      Remove
      , or use
      Move Up
       and
      Move Down
      .
    • To create a new advanced allocation scheme, select the data entry type in the Allocation Components pane and select
      Add
       for each column in the desired format. The columns are now listed in the Advanced Scheme pane. To modify the order of the columns, use the
      Move Up
       and
      Move Down
      .
  5. Select
    OK
     to return to the
    Special Allocation of
     window.
    UltraTax CS saves the new format and lists the format in the Previously Used Schemes pane the next time you open the Advanced Allocation Scheme window.
  6. Enter the special allocation information in the Special Allocation of window and select
    OK
    .

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