Budgets are not charged until a reimbursement request is submitted. Monthly reimbursement requests ensures timely record of your expenditures to budgets. It is the department's responsibility to ensure all expenditures are charged to the correct budget.

Encumbrances are usually not done on revolving funds. The Revolving Fund contact may provide an encumbrance list on your budget for the revolving fund. Encumbrances on a revolving fund does not perform like encumbrances on purchase orders. It does not increase or decrease when the fund does. Encumbrances on non-grant budgets are not allowed.

There is no limit to the number of budgets on a revolving account. Notify the Revolving Fund contact of budget change or charge on an incorrect budget.