Overview
Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation. Payments may arise from procurement activities, such as the purchase of goods and services. Payments may also arise from non-procurement activities, such as payment of salaries. The proper authorizing and recording of expenditures is a key component of financial controls.
The Expenditure Management Course is designed to introduce participants to the expenditure process and provide them with the skills and knowledge necessary to efficiently record expenditures. In addition, participants will learn how to effectively control expenditure costs through the use of proper financial controls.
Course Objectives
- Introduce the Expenditure process
- Learn how to efficiently record expenditures
- Understand how the FreeBalance Accountability Suite™ facilitates the expenditure process
Course Content
- Creating Expense Vouchers
- Generating Reports related to Expenditures
Target Audience
- PFM consultants
- GRP Consultants
- Business Analysts
- Civil Servants
- Policymakers
| Dates | On Demand |
|---|---|
| Length | 0.5 days |
| Pace | Self Paced |
| Fees | $50 (Introductory Price) |
| Language | English |
Related Courses
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Revenue Management
This course provides a general overview of the features and benefits of using the FreeBalance Accountability Suite’s™ Revenue Management module.
)
Budget Planning
Budget Planning is a crucial phase of the Budget Cycle that seeks to balance the government’s limited resources with its competing policy priorities.
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Fixed Assets Management
The Fixed Assets Management module supports fixed asset accounting, depreciation, custody transactions and asset transfer management. Effective asset management provides real benefits and cost savings to public sector organizations.