How to Liquidate Funds for Partially Awarding Requisitions
(Doc ID 2661201.1)
Last updated on MAY 29, 2020
Applies to:Oracle Contract Lifecycle Management for Public Sector - Version 12.2.7 and later
Information in this document applies to any platform.
How to liquidate funds for partially awarded requisitions?
For partially awarding requisitions - created award for amount less than the backing requisition - funds are returned to the requisition instead of the budget. To relieve funds from such requisition, only option available is Liquidate. But in the year end process it is not feasible for the user to identify the requisition and then perform liquidate action for each requisition as there can be hundreds of requisitions.
This feature was discussed in the following ER/Community Idea:
ER https://community.oracle.com/ideas/25241 has been implemented
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