|
WorkPlace Encumbrance Management interface makes WorkPlace Requisition
compatible with the Encumbrance Management functionality in Dynamics GP.
Dynamics GP Encumbrance Management is used primarily by public sector and
not-for-profit organizations. This Microsoft module allows obligations for good,
materials and services that have been ordered but not received to be "encumbered".
It helps prevent overspending by ensuring that total actual expenditures plus
related open purchase orders do not exceed budgeted amounts. Amounts are encumbered
when a purchase order is generated and unencumbered when the purchase order is invoiced.
The WorkPlace Encumbrance Management interface extends GL Budgets into requisition
entry, approval and review. With the Encumbrance Management interface users can view budgets,
receive a warning when requisitions are over budget and route for approval based on requisitions
exceeding the budget.
|