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We, at the water district, require that encumbrances rolled forward to a new fiscal year to be identifiable as coming from a prior FY. The requirement is that we need to manage the current year budget separately from these prior year encumbrances.
We've been told that these encumbrances cannot be distinguished on the GL, and we would like to confirm this is the case.
Also, we would like to know if any other public agency has a similar requirement and of any workarounds that have been developed. Thank you.