Budget Types

The detailed budget page will be the primary tool for budget entry and analysis at the DeptID level. It will be used during the final stage of the University budget process, after budget development worksheets and target allocations are completed.

The position budget will be summarized and transferred to the detailed budget page. Position data will be loaded into the position budget page from HRMS. Users will then be able to make modifications to the data as needed, and will even be able to budget for anticipated positions.

On the asset budget page, users will have the ability to view year-to-date actuals and the current-year asset budget with adjustments. The asset budget will also be able to extract data, so depreciation calculations for existing assets will already be done, based on the depreciation schedule from the extract. New-asset depreciations will be based on a blended depreciation schedule from Asset Management.

More information on budgets will be provided by the Office of Budget and Finance, and budgeting training will be available beginning in fall 2008.