New report to support position budgeting

We’ve developed a report to help capture position budget data for your area. The new report allows you to reconcile position-related budgets and expenses until position budgeting is available in Workday in FY23.

The new report is called CR FIN Position Budget Bridge Period. It provides an export of Workday data that can be compared with local area or department position budget data, allowing reconciliation of items such as grant accruals and vacant position savings.

Administrators can run the report with targeted options to return as much or as little data is needed to complete local reconciliations. The exported report has blank columns for “Position Budget” and “Balance,” where users can input local budget data to calculate variances between budget and actuals.

Here is guidance on how to run the report in Workday, and some additional tips to keep in mind.

The Modernization Reporting Team and Position Budget Bridge Period Workgroup worked together to develop this report in preparation for Adaptive Planning.

Questions? Please connect with us.