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    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