Changes

Calculating revenues or expenditures on the basis of when they are earned or encumbered, respectively. Accrual revenues are considered earned when a claim for reimbursement is submitted. Accrual expenses are considered encumbered when a Purchase Order or contract is submitted.

Calculating revenues or expenditures on the basis of when they are earned or encumbered, respectively. Accrual revenues are considered earned when a claim for reimbursement is submitted. Accrual expenses are considered encumbered when a Purchase Order or contract is submitted.