1. ADJUSTED BUDGET – UPDATE ACTUALS PROCESS
BUDGETING SERVICES:
Update OPEX Actuals
Open “OPEX Monthly Budget Adjustment” form.
Right-Click on a Yellow Cell
Select Smart View from pop-up Menu
Select Copy Actuals and Forecast Future Months
Click OK button on Pop-up Window
What to expect
All values for closed months are updated with actuals. All values for opened months are re-calculated so the year end total still matches the original budget.
Update Existing Employees Actuals
Open “Update Employee master Actuals –Adj Budget” form.
Click on the first Yellow Cell in column (B
Select “YES” from the dropdown.
Copy –Paste the word “YES to all the existing employees in the form, including HEDGE.
Click on “Submit Data” button on the Smart View Tab
What to expect
For selected employees, all closed months are updated with actual salaries. All open months are recalculated based on the actual master data and up to date assumptions.
Update New Employees Actuals
Open “New Employees Input–Adj Budget” form.
Click on the first Yellow Cell in column (B
Select “YES” from the dropdown.
Copy –Paste the word “YES to all the new employees in the form.
Click on “Submit Data” button on the Smart View Tab
What to expect
For selected new employees, all closed months are cleared out. All open months are recalculated based on the data in the New Employee form
FAQs
When are Actuals Loaded in Hyperion? Up to 2 days after GL Month Close – Usually on the same day.
Does updating Adjusted Budget affect the Original Budget? No.
Can the adjusted budget be viewed in MOSAIC? Yes, as long as you copy Adjusted Budget to Final *See Copy to final process
Can individual employees be updated without updating all? Yes, only employees with the Override column set to “YES” will update.
Adjusted Budget Report
Open “AdjustedBudgetReport” form.
View Year Total and YTD Variances.