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Difference between availability control and actuals/commitment in bcs in fund management

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Hi

 

Can anyone explain meDifference between availability control and actuals/commitment in bcs in fund management.

 

In case I do not hv budget for future year or not left with budget in current year still commitment gets posted. I understand  this depends upon tolerance profile not strategy assigned but not clear with concept.

 

Kindly explain with examples.

 

Regards

Shailaja


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