Steps to Reallocate COA BalancesThe Reallocate COA Balances option is available within the Manual Journal Entries option in General Ledger. The Reallocate COA Balances option is used at the end of the fiscal year to move the full or partial balances for expenditure accounts from one particular reference piece to others based on specified percentages; for example, use the Reallocate COA Balances option to move the full (or partial) balances out of Function 2730 to Functions 2731, 2732, 2733, 2734, and 2735, based on the specified percentages for the students in each of those areas. The Reallocate COA Balances option will create entries that post into the batch of manual journal entries for verification, printing, and posting.