What Are Commitments?
A commitment (also called an encumbrance) is a reservation of funds for requested products and services. An 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.
The following is a list of Lawson modules that can create and update commitment records in General Ledger.
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(RQ) Requisitions
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(AC) Project Accounting
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(AP) Accounts Payable
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(CA) Cost Allocations
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(CB) Cash Management
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(EE) Employee Expense
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(GL) General Ledger
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(PO) Purchase Order
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(PR) Payroll
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(RJ) Recurring Journal