Defining the Budget Process

Public Sector Planning and Budgeting supports distributed, bottom-up, or free-form budgeting. Most public sector budgets are distributed based on the budget group hierarchy, modified by cost center or department managers, and then submitted for approval using the approval hierarchy.

After source data is loaded, administrative or cost center managers usually specify common data and settings such as cost of living adjustments and compensation defaults, and then distribute the budget to planners. After all compensation expenses are ready and calculated, budgets are submitted as planning units for overall approval as planning units. See Reviewing and Approving Budgets.

Note:

Other budgeting methodologies may be supported by Planning, but these may require configuration to achieve the desired processes and outcomes.