Example: Budget Processing

You need a stock clerk position in the warehouse. To fill this position, you need enough employees to equal 10 FTEs. The plant manager approves the need for this position, specifying that, to expedite training, you should hire no more than 14 people to fill the position (some of the employees can work part time). This table illustrates the data you enter to define the position budget:

Field	Value
Salary	20,0000.00 (annual)
FTEs	10
Headcount	14

The person with the appropriate authority approves the position. When you hire employees to fill the position, the system immediately alerts you if you exceed the budgeted amounts for salary, hours, FTE, or headcount.