Use this screen to define your compensation budgets by organization and to set up "what-if" revisions. Budgets are maintained by fiscal year; however, you can have an unlimited number of revisions within a fiscal year. You can assign revision numbers to build your "what-if" tables.
This application should be part of your system initialization if you will be maintaining budgets.
Enter, or use Lookup to select, the fiscal year to which this budget applies. The format of this field is "YYYY." This is a required field.
Enter the revision number to which this budget applies in this numeric field. This is a required field.
Enter, or use Lookup to select, the organization to which this budget applies. The organization name displays to the right of this field. This is a required field.
Enter the company-wide amount for all compensation budgets in this numeric field. This is a required field.
From this non-editable drop-down box, select the increase/decrease value that applies to this revision.
Enter the amount by which you are increasing or decreasing this budget. You should enter the amount as a positive number in this numeric field. The system will compute this value using your selection in the Increase/Decrease drop-down box. This is a required field.
The system generates this non-editable field by summing the plan budgets entered in the Plan Budgets subtask.
The system generates this non-editable field. It reflects the difference between the budgeted Total Amount and the Total of Plans amount, which sums the plan budgets entered in the Plan Budgets subtask. This will assist you in avoiding entry discrepancies.
Select this pushbutton to launch the Plan Budgets subtask, where you can maintain your budgets by compensation plan within an organization.