FAQ 419: Calculations--Allocating a profit sharing contribution by location

Problem:

We have a plan that needs to allocate an integrated profit sharing contribution by location. Can we do this on ASC?


Solution:

Yes. The system can allocate a straight percentage, or dollar amount, by location. To allocate by location, select Calculations - Valuation, click on the "Contribution by Location" button and enter the amounts to be allocated.