How To: Create a Recurring Soft Commitment for Goods & Services in CMS
Before You Start
Defining a Recurring Soft Commitment allows you to project repeating purchases of goods and services over a specified period of time. Recurring Soft Commitments do not recur beyond the end date you specify. Burdening (IDC/Infrastructure) associated with the commitment is automatically calculated by CMS.
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Step 1 – Log in to CMS
Step 2 – From the Goods and Services screen, click the Soft Commitment button to enter Soft Commitment details
Step 3 – Define the accounts (PTAs) and expenditure type to which you want to forecast the expense
What's Next?
- You can now see the Soft Commitment from the Account Overview screen and view uncommitted account balances with or without CMS Soft Commitments.
- Faculty will have the option of viewing Soft Commitment data in the Faculty Financial Inquiry Tool (FFIT) the day after the Soft Commitment is entered in CMS.
