Microsoft are posting the Microsoft Dynamics GP 2013 Feature of the Day series on the Inside Microsoft Dynamics GP Blog.
The eighty fourth feature they’ve announced is Encumber General Journal Transactions.
In Microsoft Dynamics GP 2013 you can integrate Encumbrance Management with General Ledger. When you enter a General Journal Entry, the system will look at previously posted amounts, previously encumbered amounts, and the amount of the transaction to determine if there is budget available for the transaction.
In Encumbrance Management Setup, you choose which accounts you want to verify budgets for in General Ledger. Encumbrance Inquiry will display all encumbered amounts regardless of where they are entered; there is also an inquiry available to look only at General Ledger transactions.
This new feature is targeted at the following roles:
- Certified Accountant
- Finance Manager