State Obligation Ledger (SOBL) records the carryover and current apportionment amounts for each state and bond program by fiscal year. It also provides the actual obligations against these programs and the resulting unobligated amounts. The apportionment amounts are directly input by the user, while the rest of the information is updated by the system.
The actual obligation fields are updated by the Project Participation (PZ) transaction. Each time a state or bond program is listed as one of the contributors in a Project Participation (PZ) transaction, the corresponding agreement amount is used to update the obligated amount for that program.