Why are many of the Total Commitments larger after FPC?
- Article Type: Q&A
- Product: Voyager
- Product Version: 6.5.3
Question
Why are many of the Total Commitments larger after Fiscal Period Close?
Answer
Certain line items that were invoiced in the previous ledger will roll over as a Total Commitment in the new Ledger after FPC is run. This happens when Line Item Status= Approved or Received Partial AND the Invoice Status= Invoiced.
Additional Information
If you do not want those Commitments in the new ledger you will need to de-commit the fund by doing one of the following:
Invoice the line item at $0 (create a dummy invoice for the line item and set the Actual Price to $0).
OR
Use the Edit Approved Line Item feature and set the List Price on the PO line item to $0.
- Article last edited: 05-Jul-2016