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Ex Libris Knowledge Center

How does Over Commit and Over Expend work?

  • Article Type: Q&A
  • Product: Voyager
  • Product Version: All
  • Relevant for Installation Type: Dedicated-Direct; Direct; Local; Total Care

Question

How does the Over Commit and Over Expend work?

Answer

The system looks at the Net Allocation and the Over Commit/Expend % set.
The Over Commit and Over Expend % in the ledger should be set with 100% as the base - that is, commit 100% of the Net Allocation, plus an additional Over Commit/Expend percentage.

Additional Information

For example:
Net Allocation=$20,000.00
Over Expend Warning=105% (expend entire amount of fund + 5%)
105% of 20,000.00=21,000.00
The Over Expend Warning is triggered when there are $21,000 in Total Expenditures.

Category: Acquisitions


  • Article last edited: 10/8/2013