Activities

Planning and Budgeting activities allow planning administrators and budgeting analysts to add and define each activity with the dimensionality that best fits their unique planning and budgeting needs. Activities may either be set up along functional areas or configured along lines of business such as geography or product line. Each activity can have unique or shared dimensions, and unique or shared planning and budgeting centers that support their own workflow and security. This flexibility extends to configurable review and approval processes for each activity.

The three types of activities are:

• Line item activity.

  Used to view and change plan or budget amounts in a line item format.

• Position activity.

  Used to add, modify, or view position data details, including salary, earnings, benefits, and employer-paid tax costs associated with positions.

• Asset activity.

  Used to create, modify, or view assets and depreciation costs associated with capital acquisition plans.

The position activity and asset activity represent a greater level of detail than a line item; therefore, they are typically summarized into a line item activity defined by activity relationships.