Fund Configuration.:
The fund Configuration defines the configuration to be applied to a fund.
The fund may be configured so that a Wait List is not permitted. Therefore when creating an obligation, if there are insufficient funds, the client cannot be put on a wait list since one is not permitted on the fund.The fund may be configured so that over obligation is permitted when creating an obligation. Therefore, if there are insufficient funds, the obligation will be created and the fund fiscal year will have a negative balance.
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