Skip to main content
ExLibris
  • Subscribe by RSS
  • ExLibris Dev

    Why are many of the Total Commitments larger after FPC?

    • Article Type: Q&A
    • Product: Voyager
    • Product Version: 6.5.3

    Question

    Why are many of the Total Commitments larger after Fiscal Period Close?

    Answer

    Certain line items that were invoiced in the previous ledger will roll over as a Total Commitment in the new Ledger after FPC is run. This happens when Line Item Status= Approved or Received Partial AND the Invoice Status= Invoiced.

    Additional Information

    If you do not want those Commitments in the new ledger you will need to de-commit the fund by doing one of the following:

     

    Invoice the line item at $0 (create a dummy invoice for the line item and set the Actual Price to $0).

     

    OR

     

    Use the Edit Approved Line Item feature and set the List Price on the PO line item to $0.

     


    • Article last edited: 05-Jul-2016
    //doorbell.io feedback widged