Defining position plans by Expense Account

Organizations that have Finance Enterprise Structure enabled can set up position plans by Expense Account. See Configuring features for organizations.

Position plans are defined by users with the roles Admin_ST and PositionBudgetManager_ST.

  1. Select HR Administration > Jobs and Positions > Position Monitoring > Position Plans.
  2. Click Create or select a position plan.
  3. On the Detail tab, specify this information:
    Position Plan Dates
    Specify the start and end dates for the position plan.
    Description
    Specify a description for the position plan.
    Planning Level
    Select Expense Account to use as a planning level.

    See Infor HR Talent User and Administration Library (Cloud and On-premises) and select User > Position Monitoring.

    If the Finance Enterprise structure is not enabled, an error message is displayed when you save the position plan.

    Used By Talent Acquisition
    Select this option for your budget to include requisitions and job applications.
    Budget By FTE
    Select this option to budget by full-time equivalents (FTE).
    Budget By Headcount
    Select this option to budget by headcounts. Headcounts are resources, whether they are full-time or not.
    Budget By Salary
    Select this option to convert budget amounts to the specified currency at the rate on the specified Exchange Date.
    Currency
    Specify the position plan currency. Budget salary amounts are converted to this currency.
    Exchange Date
    Specify the date for the exchange rate to use when converting salary amounts to the position plan currency.
    Plan Comparisons
    Select this option to use the position plan in comparison with other position budget plans in the Plan Comparison analytic views.

    To access the views, select Reports > Plan Comparisons.

  4. Click Save.

    The budget is created with a status of Preliminary. It is assigned a version number that is consecutive to the last budget created for the same period.

    When you open the position plan, the Rules and Budget tabs are accessible. You must define the rules and the budgets associated with the position plan.