Business Value
Users have the ability to automatically create entries to Release Fund Restrictions. This setting is found under Administration >> Fund Accounting Setup.
In certain organizations, users may prefer to create a manual journal entry to process a release of restriction.
Feature Details
Fundamentals now supports the ability to create a manual entry to release a Fund Restriction. Users can now change the Fund Class Code on a restricted fund to an unrestricted Fund Class Code. After making this change, the following warning message will pop up. Once a user clicks Yes, the manual restriction entry will be created.
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