Budget editing

The system can check (edit) your budget for available funds as new commitments and encumbrances are added and released. Budget editing utilizes the posted transactions, new and existing commitment, and encumbrance records to arrive at an accurate remaining balance of your budgeted funds. This process keeps you from exceeding the budget amounts. You also have the option of defining a tolerance percent. If a purchase order is received that exceeds the budgeted amount, but does not exceed the tolerance level, then that purchase order is accepted.

You can select the period date range budget (Period, Year to Date, or Annual) and the level (Detail or Summary) of the edit.