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:
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OpEx by Department
For more information, see Entering the Operating Expense Forecast Values by Department.
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OpEx Detail
For more information, see Entering Departmental Operating Expense Forecast Values by Account.
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OpEx Predictive and Grid Spread
For more information, see Adjusting the Operating Expense Forecast with Predictive Planning and Grid Spread.
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OpEx Top Level Adjustment
For more information, see Making Top Level Adjustments to the Operating Expense Forecast.
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.