FSR
FSR
FSR
FSR
fund summary record fsr
fund summary record fsr
fund summary record fsr
Resource Managers/Fund Holders
The second level of funds control typically refers to the process of budget execution and oversight within an organization. It involves monitoring expenditures to ensure they align with the approved budget, often requiring department heads or managers to validate spending against allocated funds. This level of control helps prevent overspending and ensures that financial resources are used efficiently and effectively. It may also involve regular reporting and adjustments based on actual performance versus budgeted amounts.
responsibility center managers, who in turn, distribute the funds to cost center managers.
To procure&utilisation of funds to a company
True
True