Differences Between the Budgeting Modules

This table highlights the differences between the Budget Management and Budget Creation modules:


	Budget Management Module Budget	Budget Management Module Periodic Plan	Budget Creation Module Projection
Supported Business Process	budget	periodic plan	both budget and periodic plan
Source	A budget is imported into Budget Management for the solicitation process.	Budget Management creates a plan based on historical actuals such as sales and AHR.	Budget Creation creates a plan based on historical actuals, AHR, driver distributions, staffing requirements, events, special days, and non-productive hours.
Input	Budget Management uses sales, AHR, and payroll % (labor as a percentage of sales) to calculate future payroll costs.	Budget Management uses sales, AHR, and payroll % (labor as a percentage of sales) to calculate future payroll costs.	Budget Creation uses actual workload data to calculate future payroll costs.
Leaf Location	The leaf location can be any location for which actuals data exists. Usually this is STORE or DEPARTMENT.	The leaf location can be any location for which actuals data exists. Usually this is STORE or DEPARTMENT.	The leaf location must be DEPARTMENT.
How the Application Identifies Data (Type) See Type.	The type is BUDGET.	The type is FORECAST.	The type is BOTTOM UP.
How the Application Displays Data on the Worksheet (Layout) See Layout.	A top-down budget layout, based on either: REAL TIME BUDGET TEMPLATE, or PHASED BUDGET TEMPLATE.	A top-down forecast layout, based on either: REAL TIME FORECAST TEMPLATE, or PHASED FORECAST TEMPLATE.	For a budget, based on the BUP BUDGET TEMPLATE. For a periodic plan, based on the BUP PLAN TEMPLATE.
Solicitation Process	There can be a solicitation process, which enables budget managers at all levels in the hierarchy to edit the plan before it is finalized.	There can be a solicitation process, which enables budget managers at all levels in the hierarchy to edit the plan before it is finalized.	There is no solicitation process, however, the projection can be exported from the Budget Creation module and then imported into the Budget Management module to undergo the solicitation process.

For a description of differences on the Worksheet between the Budget Management and the Budget Creation modules, see Worksheet differences between the Budget Creation and Budget Management.

Type

A type determines how the application identifies a set of data. See Types.

Layout

A layout determines how data is displayed on the Worksheet, where the budget manager can view and edit the plan.

For information about layouts for bottom-up projections, see Worksheet Columns in the Budget Creation Module.

For information about layouts for top-down budgets and forecasts, see Worksheet Columns in the Budget Management Module.

For layout setup information, see Setting Up Layouts.