Have you ever heard the terms “Budget Control”, “Parent/Child” or “Host/Sub” when it comes to budgeting and/or expense tracking?
These are terms sometimes used to describe the relationship between records in the Expenditure Budget (Parent-Host) and Expenditure (Child-Sub) ledgers in the eFinancePLUS Fund Accounting module.
The relationship between the records of these two ledgers can impact a user’s experience when performing data entry tasks, generating reports and budgeting.
Via PowerSchool led demonstrations, this session examines:
- The relationship between the Expenditure Budget and Expenditure ledgers
- Data processing and interaction with various eFinancePLUS modules affected by the relationship of the ledgers
- Best Practices