In my previous blog I presented Household training model. It can be used to practice model creation, formulas and calculations, data actions and lot more. In this blog I demonstrate some allocation functionality using Household training model.
Allocate expenses to individual family member.
Set proportional factors
This is easy. It is done from menu Allocate -> Distribute Values (Ctrl+Alt+D). Proportional factors will be used later on by allocation process
Create Allocation Process
Allocation process is created to address complex rules using menu Create -> Process -> Allocation. The process consists of two steps:
In first step allocates all expenses excluding Tobacco & Alcohol and RRSP are allocated between all family members (parents and children) using Seed proportional factor
In second step, Tobacco & Alcohol and RRSP are allocated between parents using Seed proportional factor
Execute Allocation Process
Allocation Process created above is executed from menu Allocate -> Execute Allocation Process