Value Categories of Investment Programs 

Use

Each investment program position can have several different value categories that can be managed in parallel. These value categories come about as a result of the various options that exist for the investment program, such as carryforward of values at fiscal year change, and estimated forecast of future values during planning and budgeting.

Features

Therefore, the system manages the following value categories for investment programs (planned values and budget values) in parallel, depending on the approval time frame:

These are the overall and annual values that were planned or budgeted for the individual measures in the current approval year. The annual value is the amount planned or budgeted for an investment program in a given year (either the current year or a future year). This year can be either the current year or a future year. The overall value is greater than or equal to the sum of the annual values.

These are the unused budget amounts carried forward from measures that were adopted before the current approval year. For more information, see Fiscal Year Change.

These are the estimated annual values for measures that will be adopted in future approval years. These values are a kind of noted item for measures that will be adopted in a future fiscal year, but are not relevant at the moment. These values are not carried forward at the fiscal year change.

In the planning and budgeting transaction (under Settings ® Approval period), you can specify the value categories you want to work with.

The system distinguishes among three types of budget values: original budget, supplements and returns. The original budget, plus supplements and minus returns, equals the current budget.

Value Categories at the Investment Measure Level

Corresponding to the value categories at the investment program level, the system manages overall and annual values at the investment measure level. Investment measures have plan values and budget values. Appropriation requests have only plan values. For the budget values of measures, the system also recognizes released budget, in addition to original budget, supplements and returns.

Value Categories Managed by the System on an Investment Program Position and Its Measures and Appropriation Requests

The assigned values of an investment program position are the sum of the budget of the level below it. The same applies to WBS elements at the measure level.

Reporting

It is possible to obtain reports that include the values from past and future approval years, in addition to the current values for your investment program. This option exists if you always carry forward the values from previous approval periods during the fiscal year change, and if you always include future budgets in the form of forecasts. The advantage of using this method is that you can obtain an overview of all expected expenditures for capital investments, regardless of the approval year of the investment measures that belong to them.