This column represents any funds which have been encumbered. An encumbrance is created when an on-line purchase order is approved. It is arrived at by subtracting the project to date and commitments from the revised budget. At the bottom of the report you may see an Open Commitment Status Report which provides a detail listing of all open commitments. This is generally the Purchase Order number.
Closed commitments drop from the report in subsequent months.
The Report of Transactions is produced monthly and provides a detailed list of all transactions occurring on an account for the month of the report date. Alltransactions are listed in subcode order and provide the reader with information necessary for tracking each month's expenditures. This may be a purchase order number or it may indicate a subsystem distribution. This is usually a unique number which identifies the transaction. This is theother side of the journal entry.