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Encumbrance Accounting Goals

Encumbrance Accounting Goals. provide early evidence of spending commitments. significantly reduce the opportunity to over obligate funds. Oracle Automatic Encumbrance Features. Requisitions. Purchase Orders . Invoices . Labor .

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Encumbrance Accounting Goals

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  1. Encumbrance Accounting Goals • provide early evidence of spending commitments • significantly reduce the opportunity to over obligate funds

  2. Oracle Automatic Encumbrance Features • Requisitions • Purchase Orders • Invoices • Labor

  3. Known 11.03 Encumbrance Issues • Faculty Paid < 12 months per year are encumbered for 12 periods • Classified and Faculty Salaries are only encumbered thru the end of the current fiscal year • Wage Employees, Students, GTA/GRA, and Goal Pay not encumbered at all • Purchase Orders for multiple Years, all encumbered in the current fiscal year

  4. Manual Encumbrances

  5. Encumbrance Task Force Members: Gladys Bryant Biology Elizabeth Hupp Microbiology Bill Ashe Neurology Angie Wooten Career Services Mary Leigh Thacker Orthopedics Darcie Cuffia ISDS (Alternates) Marie Burton Microbiology Mandy Wyant Career Services Development Staff: Rose Chisholm ISDS Nina Flynn ISDS Ken Grant ISDS Bob Shiflett ISDS Joseph Simon ISDS Martha Wall ISDS Nancy Honeywell DOT

  6. (Standard) UVA Manual Encumbrance Preview Report UVA PA Manual Encumbrance Form FM.Project BBA By Expenditure Type UVA Manual Encumbrance Report Oracle Application Database (Discoverer) FM. Expenditure Detail Report UVA Manual Encumbrance Subsystem ASI/PSI

  7. UVA GM Encumbrance Specialist

  8. UVA Manual Encumbrance Form

  9. Non-Labor Encumbrance Batch

  10. UVA Manual Encumbrance Preview Report • Production Data – Real Time • Verification of Data Entered (by Batch) • Computation of Remaining Periods • Computed Base Amount • Computed Burdening Amount(s) (i.e. Fringe Benefits, F&A, UVA Temp Svcs)

  11. Discoverer Reports • FM_Expenditure Detail by Project • FM_Project BBA ……….. • FM_UVA Manual Encumbrances

  12. Availability Target implementation date: Mid September • Training: • Auditorium Style • Scheduled 1st two weeks of September • Specific details to be emailed later

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