General Accounting

OVERVIEW

General Accounting presents an approach for tracking and controlling all accounting transactions and balances within CORE. CORE provides all of the functionality necessary for management of accounting for revenues and expenditures and the maintenance of the general ledger account balances.The Process Groups that exist within the General Accounting functional area are:
Accounting Based Spending DocumentsAccrualsInternal TransactionsJournals and LedgersJournal VouchersNon Budgetary TransactionsSystem Table MaintenanceYear End Processes

Encumbrances

GAE - Used to encumber budget authority for later internal or external purchases.

ITAs

ITA - Exists to complete the internal purchase or transfer started with the ITI document. Infer 1st party information and allow 2nd party data entry.