Position ID
A code that you use for budgetary (position) control purposes. The position ID consists of:
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Position (position code and its description).
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Fiscal year.
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Home business unit.
For example, you can identify position A0-1 as Accounting Manager for fiscal year 2005-2006, for home business unit 41.
You can set up positions so that the position IDs are the same as the corresponding job IDs. Within a home business unit, positions appear in the alphanumeric sequence of their position IDs. For example, position A0-1 appears before position A0-2.
You need to complete the Position ID field if you want to allocate hours and pay to a specific position budget.