Revising Budgets

In This Section:

Constraining Revisions

Requirements

Creating Revision Requests

Specifying Revision Data

Recalculating Expenses and Submitting Revision Requests for Approval

About Modifying Revisions

Using Drafts

After budgets for the current year are closed and posted to the HRMS, you can submit requests to update data for approved budgets using revision requests. Revisions are performed using R(x) members that Administrators create in the Revision parent of the Version dimension. To ensure that revisions comply with your fiscal policies, create and apply validation rules to revisions. See “Creating and Updating Data Validation Rules” in the Oracle Hyperion Planning Administrator's Guide.

Revisions are defined by transaction type (adjustment and transfer, for example) when used to modify employee compensation. You can apply revisions as temporary or permanent changes, to:

Sample revisions:

Note:

After modifying position and employee data as part of a revision, recalculate the revision before submitting it to the next Planning unit owner on the promotional path for approval.