we have implemented Fund Management in the system. As per our client requirement, all commitments (PR,PO and Travel request) has to appear in P&L Account. So it will show surplus or deficit after considering commitments. Client is not interested to carry forward budget to next year. What is the bestway to reflect these commitments in Financial Statments. Is it possible?
To what extent Budgetary ledger will help in this situation. Please guide me.