Reviewing Position Budget Information by Position

To compare budgeted amounts for salaries, FTEs, hours, and headcount to the corresponding actual amounts that are projected through year end, you can review position budget information by position. You use this information to determine whether you expect to meet or exceed the position budgets through the end of the year.

A positive open amount for salary, hours, headcount, or FTE indicates that you are under budget for the fiscal year. A negative open amount indicates that you are over budget for the fiscal year.

The system calculates the budgeted and projected amounts by using the fiscal year that you enter on the form. If you do not enter a fiscal year, the system uses the default fiscal year for the company that is associated with the home business unit that you entered.