![]() ![]() ![]() All the budgeting examples are different, and one should make the use the same as per the requirement. In addition, it helps provide awareness to the organization about its future working and requirements. In the present competitive world where there is competition prevailing everywhere, budgeting plays an important role as it helps control the organization’s cost and maximize profits. capital projects, revenue generating activities, etc.) only.The following budgeting examples provide an understanding of the various types of budgets that an organization can prepare. Itemize your planned use of reserves for FY22, FY23, and FY24 for strategic initiatives (e.g. Reductions should be broken down between compensation and non-compensation reductions. Itemize your planned expense reductions for FY22. Completing the "Expense Reductions" sheet Notes: provide brief notes for $ variances over +/- $500K or percentage variances over +/- 5% in the notes section on the budget template. Remember to refresh the SmartView data in sheet "Data Pull for Budget Template" when you want to see any changes in the FY22 Operating Budget in the template.įY23 and FY24 revisions need to be made in columns H and I (in the light blue cells).ĭo not change data in the Campus Support and Annual Cost Recovery Assessment lines. Divisions will need to update the FY22 Operating Budget in CalPlan first, wait for the system to reflect the changes into CalRptg. The FY21 Forecast and FY22 Budget data are pulled from CalRptg (Version: Planner Submission for Forecast and Working for Operating Budget. Cells highlighted in light blue are the ones you need to edit. Go back to sheet "Budget Template" and work on the budget numbers for FY23 and FY24. Refresh SmartView data for the selected entity. Please do NOT make any other changes to this sheet. Go to the sheet with the name "Data Pull for Budget Template" (Green colored sheet)Ĭhange the Entity in the POV to your division. For ease, we also added a Central Commitments tab outlining the FY2021-22 to FY2023-24 Campus Support Commitments (non General Allocation) to see what has been seeded in future years.Ĭomplete the budget template (all three sections) and email the Financial Planning & Analysis at to indicate it is complete. The first tab outlines the instructions and the three different sections to complete are listed at the bottom of the Excel file in the different tabs. The budget template contains three sections to complete: Budget Planning template, Expense Reductions, and Use of Reserves. The template is called “FY22 Budget template”. In each division's folder, they are located in the Budget template folder within the FY2021-22 Budget Process folder. The budget template has been added to the divisional folders. The template is called “FY22 Budget Process Narrative”.īy Friday, August 20, please complete the revised narrative template in your division folder and email to indicate it is complete. In each division's folder, they are located in the Budget Narrative folder within the FY2021-22 Budget Process folder. The narrative template has been added to the divisional folders. The CalPlanning reporting tools (CalRptg, HCPRptg, Smart View) will remain available, with the FY22 Operating Budget Planner Submission available for reporting. The CalPlanning planning tools (CalPlan, HCP) will close after the deadline so that the Financial Planning & Analysis team can review the budget submissions. Your completed FY22 operating budget is due in CalPlan on Friday, August 20 by 7 pm. ![]()
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