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

General Ledger

General Ledger

This course provides a general overview of the features and benefits of using General Ledger in an integrated environment and focuses on how General Ledger integrates with other functional areas in the FreeBalance Accountability Suite.

Purchasing Management

Purchasing Management

Purchasing encompasses all activities related to the acquisition of goods, services, and works. A good purchasing and public procurement system ensures that the needs of the end-users in organizations are met while maximizing value-for-money.

Budgeting and Appropriations

Budgeting and Appropriations

Executing a fiscal budget is a crucial responsibility of any government. To ensure that spending stays within the approved limits, various budget controls are put in place during the budget execution phase. The Budgeting and Appropriations course trains government officials in these vital expenditure controls.

Contact