Encumbrances Module
- Partner with the General Ledger module to monitor an organization’s financial commitments.
- Use with Accounts Payable to increase internal tracking and external compliance for administering and reporting encumbered funds. Requires Accounts Payable module.
- Create standard reports that include expenditure/encumbrance budget reports for easy comparisons and aged encumbrance ledgers.
- Distribute encumbered amounts to individual funding sources, grants, programs, or other account segments.
- Liquidate outstanding encumbrances automatically through the standardized entry form for Accounts Payable invoices. Requires Accounts Payable module.
- Use with Purchase Orders to create encumbrance entries while entering Purchase Orders.
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