- Article Type: Q&A
- Product: Voyager
- Product Version: All
- Relevant for Installation Type: Dedicated-Direct; Direct; Local; Total Care
How do the Over Commit and Over Expend options work for Voyager ledgers and funds?
Voyager looks at the Net Allocation for a fund, and then applies the Over Commit/Over Expend % value set for the fund to that total. When setting the Over Commit and Over Expend %, be aware that a value of 100% means the entire Net Allocation can be spent, and anything over 100% allows the the fund to spend more than the Net Allocation.
Net Allocation is set to $20,000.00
Over Expend Limit is set to 105% (the entire allocation plus an additional 5% of that allocation can be spent)
105% of $20,000.00 is $21,000.00
The Over Expend Limit will be triggered if an operator tries to expend > $21,000.00 in total expenditures for this fund
- Article last edited: 12/4/2019