In the mentioned blog i was going through fund accounting, i am not clear about how it is different from Funds Management . What unique features fund accounting is equipped with, can you pleas shed some light on it.
In the US public sector organizations are expected to create Revenue and Expenditures statements and Balance Sheets by Fund. This is known as Fund Accounting. SAP supports this in the New GL with the tables FMGLFLEXT or PSGLFLEXT.
