Summary

The Generate Position Budgeting tool is designed to generate a budget estimate based on the Source Year Payroll expenditures that can then be used as the basis for customized position budgeting scenarios. This is the first step in the position budgeting process.

Step by Step

• Open the Generate Position Budgeting window (EB> Utilities> Generate Position Budgeting). 
• Enter a Budget Year for the new position budget estimate. The system will generate a position budget estimate for the budget year based on the Payroll expenses from the source year specified below.
  • The selected year must be active. Years are created and maintained on the Years Maintenance window (EB> Maintenance> Years).
• Enter a Source Year for the estimate. The system will roll through the Payroll expenses for the source year and populate the budget year with this information.
  • The source year must be a full previous year, so do not use the incomplete current year.
• Enter an Estimation Period for the estimate. Most users will set this to the current period in the fiscal year.
• Click the Confirm icon   to generate the budget estimate.
  • If a budget estimate has already been generated for the budget year specified above, you will be required to confirm that you would like to overwrite that estimate.
• Once the position budget estimate has been generated, it can used on the Budget Scenario Maintenance window (EB> Maintenance> Budget Scenario).