Encumbrances

Easily reserve budget for planned expenditures and financial commitments with the Encumbrance module. Improve your internal tracking and external compliance for administering and reporting on encumbered funds.

Flexible and Extensive Encumbrance Controls

• Easy-to-use module lets you enter your encumbrances using the spreadsheet-style entry or generate them using the integrated Purchase Order module.
• Maintain a complete audit trail with support for full or partial encumbrance liquidations and pre-encumbered funds for later application.
• Enhance decision making and analysis with reporting options that show encumbrances on your financial statements.
• Easily verify available budget prior to making a purchase with included encumbrances in budget checks.
• Select from a number of ready-to-use Encumbrance Analysis Reports, such as encumbrance summaries or aging reports, or create your own.
• Extends the budget monitoring capabilities by factoring encumbered funds into budget checking inquiry and reporting features.