Field Description - Allocation Percent

The Allocation Percent is the percent of the Period Balance to be disbursed from an Allocation Account to a Step Account.

Example:  To disburse 60% of the balance in the Allocation Account to a Step Account, enter 60.00.

Notes:

• This field is enabled only for Allocation Accounts where the Allocation Type is 1 - Fixed Percent or 2 - Variable Percent.

• If you enter a percent that would cause the Total Percent of the Step Down Accounts to exceed 100.00%, you will see the following message:
  
  

• For more information, see Understanding Step-Down Allocations.

Where-Maintained:  Step-Down Allocation Maintenance (for fixed), Create Step-Down Allocations (for variable)

Where-Used:  Create Step-Down Allocations

Format:  3.2 numeric