Ipsas standard income and expenditure statement for public sector

Hello Community,

I want to inquire if ERPNEXT has Income and Expenditure Statement that can be used for Public sector Accounting?

I want to deploy it to government owned institution that uses Income and Expenditure account rather than the Profit/Loss account I saw on the ERPNEXT.

I noticed the scope of the ERPNEXT is more suitable for private sector and it’s Profit/Loss Accounting.

Thank you

@olamide_shodunke @kennethsequeira @umair @bkm @rahy sir, any idea?