PPT Slide

At the Start of a New Fiscal Year

FM -- Budget

Budget Version 0

Budget Version 1

• Detailed Commitment Items

• All budget information

• Original budget for Fiscal Year

• Created from Plan V 1

• Revenue: detailed CIs

• Expense: one CI:EXPENSE-S

• Current budget

• Availability checking

• Created from Budget V 1

Plan Version 0

• Exact copy of Plan V 1

• Current Plan - Can be changed by department

• Used for variance reporting

Plan Version 1

• Fiscal Year plan

• Entered by Divisions

• Frozen as Original Plan

• Used to create Budget V 1

CO -- Planning

(MAY 1st)

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