It can also be used as a benchmark to compare against actual expenditures in the future. Commitments Used synonymously with encumbrances. Commitments comprise all approved and pending approval requisitions, purchase orders, and supplier invoices. Costs Used synonymously with expenditures. Costs refer to those incurred by a project.
Examples are awards, projects, and period.
Furthermore, a dimension can be a hierarchy. Encumbrances See Commitments. Expenditure category is a rollup of expenditure types. This is a new categorization scheme replacing IFIS sub-accounts. A Seagate report-writer that offers sophisticated formatting capabilities SSL Secure Socket Layer, a data encryption protocol.