Encumbrance

[priyaakumar]

Hi,

Are there any visible differences between Encumbrance Journals and normal JE. Expecting a quick reply.

[SIVAKUMAR_G]

Hi

Encumbrance Journal will have the Balance type of "E" and Actual Jouranl will have balance type of "A" and Budget Journal will have the type of "B"

The Journal entry form itsdelf different for Encumbrance Journals and actual Journals in GL.

Encumbrance Journal will never be part of your Trial balance whereas actual Journals are part of Trial Balance

Encumbrance Journal will have only three Types Commitment, Obligation and Invoice whereas Actual Journals will be generated based on Transaction Type in each Sub ledger like AP, AR and Inventory

Hope this helps

Regards
Sivakumar