Use split accounting to share the cost of an item among multiple accounting groups. For example, split the price of a new database server among the departments who will use it, or the cost of business travel, or an adjustment.

Initially, two accounting splits, each with identical accounting information, are displayed. Edit these splits to specify the correct accounting information. You can add other splits as needed.

Your company can have several levels of accounting. The screen shows each level, with the highest level first. For example, a company might have Cost Center as the highest level of accounting, with each Cost Center having its own set of Accounts.

1. Indicate whether to split the charge by quantity or percentage. (For contacts, only percentage applies.)
2. To split the charges among multiple accounting groups, click Add Split for each additional group. Click Delete to delete split lines, if they are no longer necessary.
3. For each group, indicate the:
• Cost center, actual account to be charged for the line item, and a sub-account to further identify the account.
• The product type or category of the item.
• Region and company. A company is associated with a particular set of financial books, and can be a business unit.
4. For each group, enter a split amount and then click OK. You must correct invalid fields that are flagged !.
5. When you're finished, click Update.

   The amount you allocated is compared with the total amount of the item, and any difference in the Unallocated field is displayed. If the Unallocated field is not 0, correct the amounts allocated to each group and click Update again. Repeat until the Unallocated field is 0.

6. Click OK to save your changes and return to the previous screen, or Cancel to return to the previous screen without making changes.