A Purchase Requisition (PR) document can be used to initiate a request for goods or services and record a commitment of funds in GFEBS.
Purchase Order (PO)
Purchase Order (PO)
Purchase Order (PO)
yes
yes
yes
A Purchase Requisition (PR) document can be used to initiate a request for goods or services and record a commitment of funds in GFEBS.
In GFEBS (General Fund Enterprise Business System), transactions that represent an obligation typically include contracts for goods and services, purchase orders, and any agreements that commit government funds. These transactions are recorded when the obligation is established, such as when a purchase order is issued or a contract is signed. Additionally, travel orders and other commitments that require funding also fall under this category. Overall, any action that legally binds the government to pay for goods or services creates an obligation in GFEBS.
If the GPC purchase exceeds the obligation amount, what must be adjusted in GFEBS for successful posting?
A PO represents an obligation of funds in GFEBS
true
true