St. Norbert College, a Catholic liberal arts college embracing the Norbertine ideal of communio, provides an educational environment that fosters intellectual, spiritual and personal development.

Encumbrance Information

An encumbrance system is a management tool used to reflect commitments in the accounting system for better budget management and to prevent overspending. Encumbrances allow organizations to recognize future commitments of resources prior to an actual expenditure. When a regular or standing purchase order is completed and approved in Banner, an encumbrance is automatically created. As payments are made relating to a purchase order, encumbrances are liquidated or unencumbered. 

For Budget Managers For Buyers
Encumbrance Information in Banner Forms Types of Purchase Orders
Encumbrance Information in Business Objects Reports Finalizing Purchase Orders
Encumbrance Information in Knightline Frequently Asked Questions
Approving Purchase Orders Default Program Code on PO Accounting
Prepaid Expense Example
NSF Queue Document Procedures

Banner Documentation (Training Manuals & Workbooks)