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JanNetSuite Allocations: Smart Distribution of Costs and Revenues
| NetSuite’s Advanced Allocations automate the distribution of costs and revenues across departments, subsidiaries, or projects—using rules that you define. Allocations can be based on percentages, statistical accounts, headcount, square footage, revenue contribution, or any measurable driver. |
| Instead of performing allocations manually each period, NetSuite automatically generates the required journal entries, ensuring accuracy and consistency. This is especially valuable for organizations managing shared services, overhead distribution, program expense allocations, or multi-entity cost structures. |
| With built-in automation, finance teams save significant time during month-end close, improve transparency, and eliminate the error-prone nature of spreadsheet-based calculations. NetSuite’s allocation engine ensures that each reporting period reflects true operational cost distribution, supporting clearer performance analysis at every level of the organization. |