Understanding Commitment Control and General Ledger Journals

Commitment Control ensures that commitments and expenditures do not exceed total budgets. Set up Commitment Control budgets and budget ledgers and link them to the actuals ledgers. This enables you to create journal entries in PeopleSoft General Ledger. This section provides an overview of:

• Commitment Control journal entries.

• Commitment Control journal entries with entry events.

• Journal entries with budget checking errors.