Overview
The Objective of this screen is to create a limitation on spending of purchasing goods.
Purchasing ► Support Entities ► Spending Limit in Purchasing
| Field | Description |
| Fiscal Year | The Fiscal Year for which the limit is applicable. |
| Coding Block | Defines the Account for which the limit is being appplicable. |
| Percentage | The users can use value from 0 to 100. |
| Commitment Amount | This is read only field. It is automatically populated by the system. This represents the cumulative committed amount related with selected coding block for selected fiscal year. |
| Current Budget Amount | This represents the amount in current budget based on the selected coding block for selected fiscal year, at the time when last validation was done. System will only take into account positive values when calculating this value (negative values represent revenues, therefore only positive values should be taken into account). |
| Created By | This field is automatically populated by the system with the user name who create spending limit. |
| Created On | This field is automatically populated by the system with current system date. |
| Last Modified By | The user who modified the Spending Limit last. System will update this value every time if there is a change either on percentage, coding block or fiscal year |
| Last Modified On | Last modification made on the date is mentioned. System will update this value every time if there is a change either on percentage, coding block or fiscal year. |
| Last Update on Amounts | The Amounts last updated on the date is mentioned. System will automatically update this value every time if commitment amount and current budget amount is updated. |