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In budget what is an Encumbrance?

martin

23-09-2007 07:20

Messages: 10
Country: USA
City: Honolulu

Please share your information here regarding Encumbrance in budget.

Re: In budget what is an Encumbrance?

Miller

23-09-2007 14:32

Messages: 15
Country: USA
City: Indianapolis

The encumbrance often refers to the official secretarial recognition of commitments to apply resources in the prospect.

Re: In budget what is an Encumbrance?

Nelson

23-09-2007 14:42

Messages: 14
Country: USA
City: Topeka

For e.g., when a pay order is issued for utensils, that backing is weighed down until its delivery. And once the utensils are received, the invoice is salaried and in this case the encumbrance becomes expenditure.

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