Learn about Redwood and be one of the first to join the conversation

Visit Redwood Community
PO Encumbrance Liquidation with Budgetary Control — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

PO Encumbrance Liquidation with Budgetary Control

Received Response
41
Views
1
Comments
edited May 27, 2020 6:06PM in Budgetary Control 1 comment

Summary

In which period the PO encumbrance will be liquidate

Content

Hi,

We are using the Budgetary Control and Encumbrance Accounting.

We set or Default Date Rules to :  Current Transaction Budget Date.

We know that when an invoice is matched to this PO the encumbrance will be liquidated in the period that contain the Invoice Date.

However, if you just Cancel the PO or do a Finally Close, what is the "Current Transaction Date ?  The Cancel / Close date   OR the Budget Date at the PO ?

 

Thanks

 

 

 

Version

20B

Code Snippet

Budgetary Control, Purchasing, Budget Date

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!