Reviewing Position and Job Budgets

After compensation budgets are entered and expenses calculated, you can review position, job, employee, and compensation element expenses by year, quarter, and month. You can also review FTE assignments.

To review position or job compensation expenses:

Select View and then Basic Mode.
Expand Budget Preparation, and then select Review entity compensation budgets.
Select Review position budgets or Review budgets for jobs.
On the POV, select the Version, Year, and Scenario.
From Page, select the entity for the HR organization, and then click Go.
Confirm that the position or job expenses are correct.

To calculate the compensation budget for the position or job, right-click, select Calculate Compensation Expenses, select the position or job, and then click Calculate.

The annual, quarterly, and monthly expense of the position or job is displayed.

Note:

If you perform changes such as adding new positions to which you assign employees, and do not calculate expenses, these changes are not displayed on the Review Budget data form. Calculate compensation expenses to ensure that all changes are included and updated. In this case, this would include expenses for the new positions, and possible vacancy reductions due to employee assignments.

To allocate position or job expenses to General Ledger accounts, right-click, select Allocate Compensation Budget to GL Accounts, and then see Allocating Compensation Expenses to General Ledger Accounts.