Transferring Workforce Budgeting data
This section describes how to transfer Workforce Budgeting data to the main budget in Budgeting & Planning.
The Workforce Budgeting sub plan is dedicated to the budgeting and planning personnel expenses. When you assign financial accounts to a sub plan, you specify which accounts in your chart of accounts are relevant to Workforce Budgeting. When the Workforce Budgeting process is complete, you can transfer the data from those accounts to Budgeting & Planning.
The same financial accounts that are related to the personnel expenses are available in the Budgeting & Planning application and Workforce Budgeting sub plan for the budgeting and planning purposes.
At the beginning of the budgeting process, you must decide which tool to use for workforce-related expenses. Expenses that are imported or manually specified on the Data Entry pages in Budgeting & Planning are stored on a different element in the Level dimension than expenses in Workforce Budgeting.
If you import the current personnel expenses into both, Budgeting & Planning and Workforce Budgeting, then costs are doubled in the main budget after the data transfer.
If the Workforce Budgeting sub plan is used for the budgeting personnel expenses, then, in Budgeting & Planning, you must import or specify only those costs that are not part of data transfer process.
You can run the data transfer process multiple times to ensure that all workforce adjustments are transferred into the main budget. Ensure that all changes that were made during the Workforce Budgeting process are reflected in your data. Before you transfer data into the main budget, start recalculations and update data by performing allocations on the Allocation report page. Even if the allocation feature is disabled, continue with the data update. Select . As the best practice, review the Financial Summary Report before you transfer data from the Workforce Budgeting sub plan to the financial plan.
The Data Transfer page shows the amount of the Workforce Budgeting costs that are transferred to the main budget after the required configuration is completed. To view the current costs in Budgeting & Planning, select and then select the top account in the report.