1065-US: Using a custom allocation scheme (FAQ)

Show expandable text

New (tax) year, new help!

Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

A custom allocation scheme is a percentage or unit allocation that you enter once and then save so that the allocation scheme is available for re-use.

To add a custom allocation

  1. Click the Ptr Alloc button to open the Special Allocation of dialog.
  2. Mark the Specially allocate checkbox, and click the Percentage or Units option.
  3. Enter the detail of the partner allocation.
  4. Mark the Custom checkbox and enter a unique title to save the information.

To re-use a previously defined custom allocation on a single amount

  1. Click the Ptr Alloc button to open the Special Allocation of dialog.
  2. Mark the Specially allocate checkbox, and click the Percentage or Units option.
  3. Mark the Custom checkbox and select the custom allocation title from the drop-down list.

To re-use a previously defined custom allocation on multiple amounts

  1. Choose View > Partner Information.
  2. Click the Allocations button and then select Tasks > Apply Custom Allocation from the menu bar.
  3. Select the desired custom allocation scheme in the Custom allocation to apply field.
  4. Mark the various values to which you want to apply the designated custom allocation.

    Note: If you mark a product, activity, or screen checkbox, all values nested under the selection will also mark.

  5. Click OK close the Apply Custom Allocation dialog and assign the selected custom allocations to the marked values.

To modify a previously defined custom allocation scheme

  1. Choose View > Partner Information.
  2. Click the Allocations button and select Custom Allocations from the drop-down list on the Allocations barge.
  3. Select the appropriate custom allocation scheme and make the necessary changes.

Related topic: Allocating partnership items to partners FAQs

Was this article helpful?

Thank you for the feedback!