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.
- Introduce the Expenditure process
- Learn how to efficiently record expenditures
- Understand how the FreeBalance Accountability Suite™ facilitates the expenditure process
- Creating Expense Vouchers
- Generating Reports related to Expenditures
- PFM consultants
- GRP Consultants
- Business Analysts
- Civil Servants
Overview The FreeBalance Contract Management module is a comprehensive solution designed to streamline and optimize contract management processes in various public sector organizations. This course provides participants with the necessary skills and knowledge to effectively utilize the Contract Management module and gain expertise in managing contracts efficiently. Participants will learn to create, track, and control … Continued
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.
Human Resource Management
The FreeBalance Human Resource Management (HRM) module is a comprehensive course that provides participants with a solid understanding of the features and functionalities of the FreeBalance HRM system.