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Using Allocations in MIP
July 21 @ 3:00 pm - 4:00 pm EDTFree to EVP Members
Abila MIP Fund Accounting’s Allocations Module (AM) allows you to allocate costs on a variety of bases. Percentages to be allocated can be calculated by actual transactions posted in the system or predetermined percentages. Use the AM module to post the Indirect costs allowed by your grants or contracts. AM is beneficial for any organization with multiple cost pools with differing allocation bases.