1. Georgia Institute of Technology Budgeting Options & Solutions for Universities

2. Georgia Institute of Technology Fiscal Year Budget Process Changes are made within PSoft systems such as hires, terminations, promotions, etc. This data is merged with Budget Data as a base for the budget amendment. Budget Data PeopleSoft Systems Merge PeopleSoft data with Budget Data Modify budget data based on user input Finalize budget data PeopleSoft General Ledger Users review, accept/reject, create budget amendments. Budget Office staff review, balance and process budget amendments Budget amendment data posted to General Ledger

3. Georgia Institute of Technology Fiscal Year Budget Process Chart of accounts – Requesting new projects (accounts) Requesting new positions Proposed salary information – Academic vs. Administrative – BUD707 Salary Worksheet

4. Georgia Institute of Technology [Demo]

5. Georgia Institute of Technology Fiscal Year Budget Process Enter budget information (includes distribution of funds) – Personal Services Ga Tech: 60.2% (RI) – Non-Personal Services Ga Tech: 39.8% (RI) – Revenue

6. Georgia Institute of Technology [Demo]

7. Georgia Institute of Technology Fiscal Year Budget Process Producing Original Budget schedules Using schedules for online USG budgetary system submission: – Sch C and C-1 - Revenue – Sch D and D-1 - Expenditures – Sch E - Personal Service FTE

8. Georgia Institute of Technology [Demo]

9. Georgia Institute of Technology Fiscal Year Budget Process Begin budget amendment process – Controlled access – Transfer of funds – Balancing tools/reports

10. Georgia Institute of Technology [Demo]

11. Georgia Institute of Technology Future Efforts Forecasting Models oneBudgets – On demand analytics – On demand reporting (budgets and actuals) – Enhanced budget development & maintenance

12. Georgia Institute of Technology [Demo]

13. Georgia Institute of Technology Questions