Working With OpEx Planning

Enter, validate, and adjust operating expense Forecasts by using the forms in the OpEx Planning tab of the OpEx card.

The OpEx Planning tab contains the following forms:

The OpEx Planning tab also has an interactive OpEx dashboard that shows operating expense trends by Department and Account. For more information, see Analyzing Trends in the OpEx Trend Dashboard.

Budget owners enter their departmental Forecasts at the Account level or by Item detail line. They can also use Predictive Planning and Grid Spread to create, analyze, validate, and adjust the expense trend compared to historical Actuals.

Finance executives also use Predictive Planning and Grid Spread to analyze expense trends compared to historical Actuals. They look at trends by Account and Department at top level, and they can make top-level adjustments to the operating expense Forecast. Finance executives use the OpEx Dashboards to access accuracy based on historical trends and to analyze expense trends by Account and Department.

Related Topics

General Notices