What is budgetary ledger in SAP PSM-FM - Funds Management?

SAP Term: budgetary ledger

• Component: PSM-FM

• Component Name: Funds Management

• Description: A subledger that reflects the budgeting and management of funds in . It is where, for example, budget documents and earmarked funds are updated. The budgetary ledger is an additional ledger that technically consists of accounts from SAP Financial Accounting. The budgetary ledger enables you to display budget generated or consumed from a document in Financial Accounting. This is a legal requirement for the public sector in some countries.

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• Key Concepts: 
  A budgetary ledger is a type of ledger used in SAP Funds Management (PSM-FM) to record budget data. It is used to track budget allocations, commitments, and actual expenditures. The ledger is used to compare budgeted amounts with actual amounts and to monitor the budget’s progress.
  
  How to use it: 
  The budgetary ledger is used to record budget data in SAP Funds Management. It can be used to track budget allocations, commitments, and actual expenditures. The ledger can also be used to compare budgeted amounts with actual amounts and to monitor the budget’s progress.
  
  Tips & Tricks: 
  When using the budgetary ledger, it is important to ensure that all budget data is accurately recorded. This will help ensure that the budget’s progress is accurately monitored and that any discrepancies between budgeted and actual amounts are quickly identified and addressed.
  
  Related Information: 
  For more information on the budgetary ledger in SAP Funds Management, please refer to the SAP Help Portal or contact your local SAP support team.