Reviews

The flexible chart of accounts utilizing account structures and advanced rules is very powerful and allows you to configure a complex set of accounts for funding such as funds, subfunds, grants, projects as well as add-in functions, activities and/or programs. The organizational hierarchy can be directly added as financial dimensions or derivied from another financial dimension as well. Budget control can be managed at higher dimension levels than just the lower level financial dimensions. Budget control can be configured approporiation-encumbrances-actual expenditures = available appropriation, but you have option to include preencumbrances and other items such as PO or invoices in progress in the calculation if you desire. Budget and cash control are separately configured so you can manage these at different combinations. Encumbrances can be managed through Purchase Orders and Requisitions, but can also utilize the general budget reservation feature, which is an encumbrance that can be relieved directly or by requisitions, invoices, or purchase orders and will roll the remaining obligation amount to the next fiscal year. You have the flexibility to configure how you want to handle encumbrance rollovers and Prior year budget items.

March 25, 2026