m-Fin BUDGET TO ACTUAL

Like reports that show one line per speedtype?  Interested in seeing separate continuing and temporary budget?  Want to see speedtypes within Revenues, Expenditures, and then within Transfers?  m-Fin BUDGET TO ACTUAL arrives today in Cognos QA.  It is directly inspired by the Denver site’s Budget to Actual and Trial Bal -> Budget to Actual (Horizontal).  I invite you to test.

Encumbrances are calculated the same as in other m-Fin reports, so they do not always match the encumbrance amounts reported in the old Denver report.  As directed by your campus Financial offices, m-Fin uses Facilities and Administration encumbrances for projects and will in certain cases use multi-year encumbrances.

Like any garden variety revenue-and-expenditure summary report, this report runs the same BUDGET BAL AFTER ENCUMBS calculation on everything.  It’s up to you to interpret whether this calculation is appropriate for a given speedtype.  If you are unsure, run m-Fin SPEEDTYPE SUMMARY or m-Fin OPERATING SUMMARY to see AVAILABLE BALANCE.