09-23-2013 7:00 AM
Hello All,
Please let me know which update profile is valid for govt. sector if they go for Budget control system. Currently they are on cash based accounting system and ther are moving to accrual system .,they doesnot do the budget carry forward .
Just tell me whether only payment budget update profile would be work for them(0101) ? or Comittment is required or not for them?
Thanks
09-23-2013 9:13 AM
Hi,
That's purely depends on your client's requirements: there is no 'golden rule' which would tell you what update profile to use. Please, keep in mind, that accrual accounting has no connection whatsoever to update profile in FM.
Regards,
Eli