Commitments, accruals & budget checking: How to manage your commitments & budget checking more effectively.
About this training course
Commitments, accruals & budget checking: How to manage your commitments & budget checking more effectively for better budget control, cash management and visibility.
This half-day course will help you understand the lifecycle of commitments within Proactis and develop good practice from both an administrative and user perspective.
Agenda at a glance:
- Overview of commitment accounting and commitment type definitions
- Commitments models
- How commitments are generated and accruals on budgets
- Concept of aged commitments
- Integration with the finance system
- Closure of commitments
- Commitment reporting