Monthly Archives: Grudzień 2021

This entry signifies that the budgetary balance has been reduced by the committed amount, ensuring that funds are available when the time comes to fulfill the purchase order or contract. While the goods or services have not yet been delivered, the government has taken an important step in reserving the funds and maintaining proper budgetary control. This entry occurs in the budgetary accounts, which are separate from the financial reporting accounts. The focus here is on maintaining budgetary control and