what is the use of encumbrance account ?

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muthyala
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what is the use of encumbrance account ?

Post by muthyala »

pls tell me the what is the use of encumbrance account
cnubandi
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Post by cnubandi »

Hai,

The primary purpose of tracking encumbrances is to avoid overspending a budget. Encumbrances can also be used to predict cash outflow and as a general planning tool.

<font color="blue">Regards,
cnubandi.</font id="blue">
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