If your invoice has a hold on it that prevents you from creating accounting entries, then Invoice Validation does not check funds for your invoice or attempt to reserve funds.

Purchase Order Matched Invoices

If an invoice passes matching conditions and has no other holds that prevent creating accounting entries for it, then Payables automatically checks funds. If the invoice has a quantity or price variance with the purchase order, Payables automatically checks that you have enough funds for the variance. If you use absolute budgetary control, Payables places a funds hold on invoices that have distributions not passing funds checking.

Unmatched Invoices

If an invoice passes tax, currency, and distribution checks, and has no other holds that prevent creating accounting entries, then Invoice Validation automatically performs funds checking.

Other Sources

• For more information on Budgetary Control, see the following topics in Oracle General Ledger User's Guide:

• For more information on Budgetary Control, see the following topics in Oracle Government General Ledger User's Guide:

• Using Budgetary Control and Online Funds Checking

• About Funds Checking

• Reviewing Encumbrances

• Reviewing Budgetary Control Transactions