Reduce Fund Reservations Overview Use the following system task to reduce fund reservations. The task of reducing a reservation is also known as liquidating a reservation or liquidation of a reservation. Liquidation involves entering a partial reduction, a total reduction, or reversing a previous liquidation of a fund reservation. Document Number Enter the document number. Amount Enter the amount to be liquidated for the selected line item.
Text Enter the reason for liquidation.
To reduce additional line items press F7, follow procedures documented previously to complete required fields. To scroll forward through the line items press F6.To scroll backwards through the line items press F7. Reverse a payment Click on the liquidation record to be reversed. Reversal of a liquidation record automatically updates the open amount of the reservation. Message appears stating reduction record cancelled.