Set Up Encumbrances
An encumbrance or commitment are funds that an organization commits to spend at a future date with a supplier or vendor when the organization sends a purchase order. In Sparkrock 365, an encumbrance is the amount, including the tax expense in the local currency for the purchase order lines based on the quantity and unit cost that is remaining to be invoiced.
To learn how to set up encumbrance administration in Sparkrock 365, in the following table, select the links.
| To | Go to |
|---|---|
| Learn how to set the Purchases & Payables Setup page for encumbrances. | Set up the Purchases & Payables Setup page for encumbrances |
| Learn how to set up general ledger accounts for encumbrances. | Set up general ledger accounts for encumbrances |
| Learn how to allow a user to edit detailed encumbrance effective dates. | Allow a user to edit the effective date of a detailed encumbrance entry |
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