General Budgeting Features: |
- MIS Guidelines compliant
- multi-facility budgeting
- uses actual, budget and employee data imported from your G/L and Payroll systems
- budget server provides centralized control over budget activity
- budget changes are recorded as transactions that are applied to your base budget
- budget "Wizards" deliver Excel worksheets to managers
- Excel worksheets are used to prepare and submit budget directly to server
- calculates the effect of timed rate changes
- distributes the annual budget into fiscal periods
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Compensation Budgeting Features: |
- budget detail is maintained by occupation, status (F/T, P/T) and type of pay for each centre
- incumbent employee data is utilized to:
" establish budget rates within each centre
" determine impact of anniversary increases
" compute cost of employer-paid benefits for each employee
- premium rates, factors and rate changes are associated with union groups
- changes can be recorded in FTE's, hours or dollars
- sophisticated benefit processing is provided with:
" spreadsheet-style formula for each benefit
" calculation of individual benefit costs for each employee
" assignment of employees to budgeted FTE's to calculate functional centre's benefit budget
- secondary compensation account codes are assigned according to occupation and type of pay
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