Let $k$ be a ring, let $A := k[x_{1},\dotsc,x_{d}]$ be the polynomial ring and let $A^{\wedge} := k[[x_{1},\dotsc,x_{d}]]$ be the formal power series ring. For a $d$-tuple $\mathbf{e} = (e_{1},\dotsc,e_{d}) \in \mathbb{Z}_{\ge 0}^{\oplus d}$ of nonnegative integers, let me denote $|\mathbf{e}| := e_{1} + \dotsb + e_{d}$ and $x^{\mathbf{e}} := x_{1}^{e_{1}} \dotsb x_{d}^{e_{d}}$. We may write any $a \in A^{\wedge}$ as \begin{align} \textstyle a = \sum_{\mathbf{e} \in \mathbb{Z}_{\ge 0}^{\oplus d}} c_{\mathbf{e}}x^{\mathbf{e}} \end{align} with $c_{\mathbf{e}} \in k$. For any nonnegative integer $\ell \ge 0$, let me denote \begin{align} \textstyle a^{\le \ell} := \sum_{\mathbf{e} \in \mathbb{Z}_{\ge 0}^{\oplus d} ; |\mathbf{e}| \le \ell} c_{\mathbf{e}}x^{\mathbf{e}} \end{align} the "truncation of $a$ at degree $\ell$".
To any polynomial $f \in A^{\wedge}[t_{1},\dotsc,t_{n}]$, we denote $f^{\le \ell} \in A[t_{1},\dotsc,t_{n}]$ the polynomial obtained by applying the truncation operation $(-)^{\le \ell}$ to the coefficients of $f$.
Let $f_{1},\dotsc,f_{m} \in A^{\wedge}[t_{1},\dotsc,t_{n}]$ be a collection of polynomials and set \begin{align} B &:= A^{\wedge}[t_{1},\dotsc,t_{n}]/(f_{1},\dotsc,f_{m}) \\ B^{\le \ell} &:= A^{\wedge}[t_{1},\dotsc,t_{n}]/(f_{1}^{\le \ell},\dotsc,f_{m}^{\le \ell}) \end{align} for all $\ell \ge 0$.
Is there a way to "approximate" $B$ (resp. $\operatorname{Spec}(B)$) by its "truncations" $B^{\le \ell}$ (resp. $\operatorname{Spec}(B^{\le \ell})$)? Is there a way to "approximate" the category of (e.g. finitely generated projective) modules $\mathrm{Mod}(B)$ by the $\mathrm{Mod}(B^{\le \ell})$?