Budget Development Overview

The Budget Development module will assist you in developing your budgets for future fiscal years.

The user interface provides a wizard-like series of input screens through which you enter all parameters that feed into the budget projection process. The wizard presents different parameter options depending on which data source is chosen in the first window.

Working with parameter sets

At any time during the process of setting parameters using the budget development wizard, you may save the set and load them at a later date. You may also return to the default parameters and discard any set you decide not to use. See Using Parameter Sets for instructions.

Budget development process

Before you can import the budget data, you must first create the new fiscal year and roll over your chart of accounts. If you're going to use the input wizard with salary schedules, you'll also need to modify and rollover salary schedules.

 

The budget development process consists of the following steps:

  1. Use the budget development tool to collect all necessary parameters that will be used to project next year's budget amounts & generate a grid that allows you to add & edit items.

  2. Edit the data.

  3. Once you're satisfied with the results, send the data to Budget Management.

  4. Optional. Delete result sets when you're through with them — for example, those from a previous year — by selecting the Delete Result Set command from the gear menu at the top of the Budget Development grid.

Data sources

 

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