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Encumbrance Accounting, Advance budget tracking

This module allows public organizations and companies to manage funds and know, in an instant, what budgeting amounts were allocated but are still available.

Keeping track of budget allocations

The Encumbrance accounting module offers real-time budget management by the validation of transactions against reserved funds. The module controls expenditures against budget by auditing in real-time, all outstanding transactions against a budget and allowing approval controls for management oversight. The module offers drill down from any budget to its related documents.

 

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