Two examples of summarization items are Total Revenues and Total Salaries. Commitment items may be linked to primary and secondary cost elements. FM area Enter MIT for the FM area. MIT is the only existing FM area for the Institute. Commitment item Enter the number of the commitment item being created.
Name Enter the name for the commitment item being created.
Description Enter a text description for the commitment item being created. The financial transaction code entered for the commitment item may not differ from the parent item's financial transaction code. For example, a commitment item using a financial transaction code of 30 may not be assigned to a parent item that has 60 for a financial transaction code. The item category code entered for the child commitment item may not differ from the parent item's item category code. For example, the parent item with a category code 1 may not take a child item that has an item category code 2.