Budget Transfer - Moving budgeted funds from one account or object to another. Debit - In FRS debits do not have a sign on the right side of the entry. Increase budgets Domain - Account or range or accounts that fall within a users area of access. In FRS encumbrances are usually associated with purchase orders or requisitions. An obligation paid by a department.
Expenses decrease fund balance.
Field - An area on an FRS screen which holds a specific type of data and which holds a limited number of characters. FRS - Financial Records System. Journal Entry - An entry required to move funds from one account to another or reclassify activity from one account to another. Liquidation - The reduction of an encumbrance. The object code describes a classification of revenue or expenditure activity.