[{TableOfContents}] \\ !!!Review Previous Set Up ---- Prior to working through the Forecasting & Costing application, it is advised to go through the following setup checklist. * Business Calendars [(IDCL)] ** Set up all business calendars to the end of the budget period * Entity [(IDEN)] ** The GL company must be indicated on the entity form * GL Segments [(IDGS)] ** Ensure segments have been defined * Work Rules [(IDWR)] ** Set up work rules with appropriate work calendars for all budgeted positions and assignments, if no calendar is specified then Monday to Friday is assumed. ** Ensure that the status rules have been established ** If establishing budgets in a database separate from production, create standard work rules for loaded or manually entered assignment and positions. * Positions [(IDPS)] ** Ensure that all budgeted positions have an appropriate range, scale/step or wage ** Ensure that the Authorized FTE is completed ** Set up a Default FTE for positions that is less than fulltime ** Set up positions for projected new hires ** Ensure that the standing is set to ‘active’ ** Ensure the budget rules is set to ‘budgeted’ ** Ensure that the distribution is completed * Assignments [(IEAS)] ** Ensure that all active employees have an appropriate range, scale/step or wage ** Ensure that the Authorized FTE is completed ** Ensure that the distribution is completed ** U se the Scale Override toggle to prevent ‘Stepping’ for UFSTEP if required * Benefit Plans [(IBPN)] ** If there are planned rate changes for benefits they should be entered as date effective changes * Benefit Schedules [(IBSC)] * Set up default coverages for benefit plans that will be used for VACANT positions; only fill the default coverage * UserCalcs [(IMUC)] ** Copy all UserCalcs to be used in FC, especially BE UserCalcs *** You must be signed in as P2K to copy UserCalcs for FC *** All UserCalcs copied for the FC 'Product' will be prefixed by 'FC_' *** The old UserCalc and the new one must be exactly the same after the “FC_” prefix *** Example of a bad copy: Old UC = ’Supp Life Prem’, New UC = ’FC_Supp Life Pre’ (These are not the same after the ‘FC_’ prefix.) *** Example of a good copy: Old UC = ’SUPPLIFEPREM’, New UC = ‘FC_SUPPLIFEPREM’ ** Change operand types EC/PC to EP/PP when used in a formula ** Ensure all PPH database items are changed to another database item or hard coded ** Write new Benefit UserCalcs that will be applicable for budgeting User Variables [(IMVR)] ** Define new user variables that will be applicable for budgeting Wage Scales [(ISWS)] ** Enter planned wage scale/step changes that will occur during the budget time frame * Wage Step Rules [(ISRS)] ** Ensure that the Allow Wage Stepping toggle is checked in the bottom block of the ISRS screen * Premium Types [(ISPT)] ** Define new premium types that will be applicable for budgeting * Premiums [(ISPM)] ** Define new premiums that will be applicable for budgeting ** If establishing budgets in a production environment, premiums must be used to create earnings for loaded or manually entered assignments and positions * Pay Calendars [(IPCL)] ** Set up all pay period calendars to the end of the budget period * Pay Components [(IPPC)] ** Ensure that all time pay components have a calculation method of “EV: Entered Value” * Processing Frequencies [(IPPF)] ** Define new processing frequencies that will be applicable for budgeting, if required * Pay Points [(IPPP)] ** Define new pay point sets for budgeting purposes. \\ !!!Budget Structure ---- The budget structure defines the construction of budgets and budget areas, plans, assumptions and rules. *Budget Setup **Create Initial Budget [(UFBDGT)] ** Define Budgets [(IFBU)] **Budget Areas [(IFBA)] **Associated Words [(IMAW)] *Wage Stepping for Budget Seats **Wage Step Rules [(ISRS)] **Maintain Experience [(ISEP)] **Apply Wage Stepping for Budget Seats [(UFSTEP)] **Assumption Statements [(IFAS)] **Report Budget Makeup [(RFBU)] *Create Actual Scenarios and Seats [(UFACT)] \\ !!!Establish Budgets ---- *Create Budget Amounts [(UFCALC)] *Load Budget Amounts [(UFLOAD)] \\ !!!Analyze Financial Information ---- *View Budget Amounts [(IFVP)] *Cost Accounts [(IFCA)] *Produce Viewpoint Report [(RFVT)] *Viewpoint Components [(IFVC)]