Allocating Funds

Introduction

Overview

Allocating funds is how you apply a part of the available project funds in SCOPE to a specific intervention. This enables you to begin planning distribution cycles in SCOPE so that specific amounts of money will be distributed to individual households and beneficiaries at a scheduled time.

Who is responsible for allocating funds?

Finance is normally responsible for allocating funds to an intervention. Check with your Country Office to confirm who in Finance is responsible in your country.

Why is allocating funds important?

Allocating funds is needed before making a distribution of funds to beneficiaries to confirm that the funds to support that distribution have been made available in a Purchase Order.

What do I need to do before allocating funds?

Before you can allocate funds, you should ensure a Purchase Order (PO) has been created for the project the intervention belongs to. This should normally be performed by Procurement and is described in detail in Creating a Project. Responsibilities for creating POs are discussed in detail in the Payment Responsibility Sheet of the RACI Matrix.

Where can I learn more?

For more information on allocating funds, click here to explore related Digital Assistance Services Academy Learning Channel materials.

Instructions

To allocate funds, log in to SCOPE and perform the following steps:

  1. In the Country Office page, click LEDGER AND REPORTS > General Ledger > Allocation in the menu.

  2. In the Provisioning SCOPE account page, enter the fund allocation information for your intervention. Fields marked with a red asterisk () are mandatory.

  3. Click Save changes to finish allocating funds to your intervention.