Defining or requesting an organization unit and position budget

or

Select Position Budget Manager > Position Plans, open the position plan for which you want to define a budget, and click the Budgets tab.

or

To request a budget to be routed for approval, click Request A New Budget.

Budget Date

Specify the budget date. It must be within the date range for the position plan.

Organization Unit

Select the organization unit for which you want to define a budget.

Position

Select the position for which you want to define a budget.

Note: 

You can define multiple budgets for the same organization unit and position, but with different start dates. When a budget action is taken that includes the organization unit and position, the effective date of the Hire action determines which budget to apply.

FTE

If the position plan budgets by FTE, specify the budgeted FTE for the organization unit and position.

Headcount

If the position plan budgets by headcount, specify the budgeted headcount for the organization unit and position.

Salary

If the position plan budgets by salary, specify the budgeted salary for the organization unit and position. Specify the currency in which the salary is expressed.

When you save the budget, the salary amount is converted to the position plan currency.

Budget Reason

Select a reason for defining the budget. Budget reasons are defined in Administrator > Set Up > Action Reasons with a subject of HCMPositionPlanBudget.

Comments

Optionally, add comments about the budget.

The budget is displayed after it has been approved.