F&A Encumbrance Still Incorrect

As reported last month, we are having issues with the F&A Encumbrance calculation. The F&A Encumbrance is incorrect on several Projects on the January 2013 Management report. We do not currently have a resolution to this problem. We have reversed ALL F&A Encumbrances on ALL Projects in February 2013. We will wait for a solution to this problem before we re-post the F&A Encumbrance. We do not have an ETA for the resolution, but we expect it to be corrected in the next few months.

Thank you for your patience. We apologize for any inconvenience this has caused.

 

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