Commitments
A commitment, also called an encumbrance, is a reservation of funds for requested products and services. A commitment record is created from many Lawson applications and is used during budget editing as part of the calculation to arrive at the remaining budget balance.
This is a list of Lawson modules that can create and update commitment records in General Ledger:
-
(RQ) Requisitions
-
(AC) Project Accounting
-
(AP) Accounts Payable
-
(CA) Cost Allocations
-
(CB) Cash Management
-
(EE) Employee Expense
-
(GL) General Ledger
-
(PO) Purchase Order
-
(PR) Payroll
-
(RJ) Recurring Journal