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Encumbrance Definitions

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Relieving an Obligation Encumbrance on a Finally Closed PO

If a PO has been Cancelled, or Finally Closed, and the encumbrance is still showing on the latest 163 report, please verify that the encumbrance is still in the general ledger. After you have determined that the encumbrance exists in the general ledger, you must complete a one-sided PO Adjustment Encumbrance Journal Entry to relieve the encumbrance.

Please follow see Creating and Posting Encumbrance Journal Entry instructions below:

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Fast Facts

FastFacts are useful tips about BEN Financials. To see a complete FastFact, click MORE. To view all of the FastFacts click on 'FastFacts' from the left navigation column.
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