allocate


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Allocate

On a balance sheet, to spread an expense over more than one accounting period. One of the most prominent examples of allocation is depreciation, which spreads the cost of an asset over a certain number of years.

allocate

1. To spread systematically a single monetary amount over a number of time periods, usually years. For example, depreciation allocates the cost of a capital asset over its useful life.
2. To distribute cost or revenue throughout a number of operations or products. For example, a business must decide how to allocate the costs of running its headquarters over all its operations to determine the profitability of each of those operations.
References in periodicals archive ?
The IRS concluded the taxpayer's method was not a permitted method because the taxpayer did not allocate costs to specific inventory items, thus requiring the taxpayer to use the SRM.
If the association simply reprints the lobbying communication--without any editorial comment urging its members to act--must the association allocate a portion of the newsletter's costs to lobbying activities?
A Delphi team of three to seven members, typically including the engagement partner, manager, in-charge auditor, statistical or computer specialists and other pertinent personnel, votes to allocate tolerable misstatement after discussing specific aspects of the audit.
They generally allocate this income to the state based on the proportion of the total number of working days employed in the state to the total number of working days employed both within and outside of the state.
With the launch of Allocate, NetQoS expands our performance management solutions to include IT cost management," said Joel Trammell, CEO of NetQoS.
However, there are several instances in which a transferor would not want to allocate his or her GST exemption.
Now, with Avotus, we are adding financial efficiencies by enabling our clients to automatically capture 'off-net' call data to allocate their conferencing costs back to the right place.
The partners should have amended the partnership agreement in year 4 to allocate Fats 80% of the depreciation deductions and 80% of all property appreciation over $50,000 (i.
When the mailing's contents are particular to program and fund-raising, specific identification can be used to allocate printing costs.
group must directly allocate a portion of its unrelated party interest expense to foreign source income.
European and other delegations at the International Telecommunications Union's (ITU) World Radio Conference (WRC) to allocate 455 MHz of unlicensed spectrum in the 5-GHz band for global WLAN use.
It is also used to calculate the GST tax on lifetime direct-skip transfers and to allocate the donor's GST exemption to (1) such transfers and (2) transfers to trusts that may produce a taxable distribution or taxable termination.