You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Budget Sub-Ledger

edited May 27, 2020 7:28PM in Budgetary Control 1 comment

Summary

Best way to deal with adjustments that only impact budgeting functions

Content

Hi All,

We wanted to post some adjustments in our TB that are just for budgeting purposes and I was just wondering what the best way to do this is? So for example we have some PY true ups, which from our GL perspective need to be in there, but from an actuals vs budget perspective, I want to remove them, so I would only report on current year numbers.

We don't want them to impact our IFRS numbers in the GL. Is the best way to have a sub-ledger that is just for budgeting purposes? Or is there another way?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!