Funds Check Level
Enter a Funds Check Level to control the severity of budgetary control checks. You use a Funds Check level when setting budgetary control options for account ranges, for source and category combinations in budgetary control groups, and for summary account templates.
Choose:
- None: for no funds checking or funds reservation.
- Advisory: for online notification when transactions fail funds checking. The system still reserves funds for transactions even when no funds are available.
- Absolute: to prohibit you from reserving funds for a transaction unless funds are available.
Attention: Advisory budgetary control makes it easy for you to overspend a budget by an unlimited amount. You might want to use Absolute budgetary control with tolerances or overrides to allow you to approve selected transactions for which no funds are available.
See Also
Setting Budgetary Control Options for an Account Range
Setting the Summary Account Budgetary Control Options
Setting Budgetary Control Options for Journal Sources and Categories
