Page Comparison

Consists of a year and type of data that are grouped in an organized manner. There are four default datasets and up to 10 user-defined types.

• • Type. Consists of data that is grouped in an organized manner. There are several default data types (Original , EOY, Actual, Flex, 30-Day/60-Day/90-Day) and up to 10 user--defined types.
  • Original. Original

• • forecast budget for the year. Once created, this dataset is frequently locked.
  • EOY. Updated original budget. This budget may be changed throughout the year as forecast volumes fluctuate. You can save multiple versions of the EOY Forecast as user-defined types.
    To create the EOY Forecast, you will copy from the original budget to the EOY Forecast.
  • Actual. Created after you input your actual data. Actual budgets can only be reference budgets, not working budgets.
  • Flex. System calculated, optimal performance dataset. Actual KBI volumes from the Actual dataset, and methodologies from the Original dataset are used to calculate expenses. The flex budget is used as a reference to see how well your division/department is performing.
    The flex budget is generated after you have entered your actual values and performed the Generate Flex Budget task.
  • 30-Day/60-Day/90-Day. Created during the re-forecasting process.

  • User-defined. Datasets that you define for your own use. For example, when you revise your budget, you may not want to overwrite the EOY Forecast, so you would create a new dataset. You can create up to 10 user-defined types.