Email - 4 Nov/2020
This guide is to be used for preparation of the annual budget. The Planner module is not a useful tool for forecasting fiscal year actual results. The Planner module is also not directly linked to the HR module, and any changes entered for a position will need to be communicated to HR through the normal contract entry process. You can find contract entry guides HERE.
Purpose of Planner Module
The Planner Module is to be used for the preparation of the annual budget. Selkirk College assigns budget authority at the Cost Centre level. Each Cost Centre may hold multiple Work Orders. Refer to Organizational Structure HERE. The Budget Holder that is responsible for the Cost Centre will be assigned access to view and modify the transactions for their respective Cost Centres. The transactions are broken into two different transaction entry screens:
- Revenue/Expense Transaction Screen ~ This screen will capture all of the accounts in the revenue, discretionary spending accounts, and discretionary personnel expenses. The Budget Holder will have access to edit the current fiscal year budget ONLY. Additional columns of financial information will be provided for reference. These columns will include prior year actuals, as available, and prior year budgets.
- Payroll Transaction Screen ~ This transaction screen will capture all of the accounts in the wages and benefits categories. The transactions in this screen will be populated through the use of a report that pulls data from the Position Register. The report calculates the projected fiscal year's wages by using the position's pay step, FTE, annual hours, and contract term. The value that populates will be split according to any work order splits that are assigned at the position level. We budget based on positions and the respective FTE of those positions, not employment, or the person in the position.
FAQs
- Do I have access to a budget? How do I find it?
- How do I go about editing my current year budget?
- I don't see a line for something - How do I add that to my budget?
- How do I delete something from my budget?