ManagePLUS for QuickBooks

When you create or change allocation formulas, as you did in prior lessons, ManagePLUS Gold creates transactions which distribute the allocated amounts to the various cost centers and profit centers that are the targets of those allocations. Its also adds special accounts to the Chart of Accounts window to support those transactions. This lesson shows how to find the allocation transactions and Chart of Accounts changes.

Finding the allocation transactions

 If the window is sorted by Date as is normally the case, the allocation transactions will show up in the allocation columns color—the same color used for allocation columns in the Classes window—which is lavender by default. (If you don’t see the allocation transactions, sort or filter the transaction window to bring them into view.)

You can change the allocation columns color from the Format menu in the Classes window.

Noticing Chart of Accounts changes

To make the allocation transfers more meaningful, ManagePLUS Gold adds a accounts to the Chart of Accounts list, which mimic the structure of the classes involved. To see the accounts that were added:

 The accounts will look something like this (you may not have all of these):

 Note that:

ManagePLUS creates and manages these accounts automatically. Do not create matching accounts in QuickBooks, or you will interfere with sending allocation transactions to QuickBooks (discussed in a later lesson).