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About generarte funds reservation

Former Member
0 Kudos
299

Hi, expert

I want to use PSM-FM.

How to create funds reservation when create Purchase Requistion or Payment request?

Thank for advanced.

Best regard.

Tony

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former_member433617
Active Participant
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A funds reservation is manually created per my own limited knowledge.

The purchasing document might be months/years in the future, but when it is created the FR number should be included in order to draw down (automatically) the FR amount's balance.

Forgetting to include the pre-encumbrance (funds reservation) on the purchase order will result in doubling up on the reduction to available budget. Both pre-encumbrance and the encumbrance (purchase order).