The on-line management of your budget credit can help to improve your bottom line. This proactive management technique assures that all transactions resulting in the appropriation of budget credits be recorded prior to their being formally committed. Integrated to the General Ledger, the Purchasing and Accounts Payables, the budget buckets are represented into categories and master categories that can be assigned to budget managers. Since this module is designed to be quite transparent to the users, their work process will not be cluttered by superficial transactions.

• Proactive control over expenditures based on available budget credits, completely independently of the General Ledger budget. Assigns encumbrance categories to GL accounts and roll them up in their respective supercategories.
• Truly controls the soft commitment, encumbrance and expense processes..
• Control of recursive and non-recursive budget-credits by category for year-end process.
• Maintains the GL budget independently from the budget credits, or synchronizes them. Enables to choose the best approach for external reporting of the financial statements through internal management of budget credits.
• Allows to monitor on-line the availability of budget credits for each requisition, purchase order and blanket PO. Stock Purchase Requisitions placed without sufficient budget credits are automatically put on hold.
• Rolls up the categories into the supercategories for management monitoring and reporting purposes.
• Enables to trace each soft commitment to its user or to the purchase order issued.
• Allows to detect budget credits to be committed separately from the ones already committed.
• Gives year-to-date usage of budget credits in dollars and percent. Allows to allocate budget credits by entering future planned requisitions.