Budget Monitoring 

Use

Budget monitoring enables you to display the budget of a budget structure element, and allows you to see how much of this budget has been used up and how much is still available.

If the budgets in question are FTE budgets, annual mean values are used to calculate these funds.

Example:

In Budget Monitoring, you see that a budget structure element with a budget of 4 full-time equivalents (FTEs) still has an available budget of 2.75 FTEs. This is calculated as follows:

Availability Period

FTEs

Annual Mean Values

01/01 – 03/31

4

1 (4 x 0.25)

04/01 – 09/30

2

1 (2 x 0.5)

10/01 – 12/31

3

0.75 (3 x 0.25)

Prerequisites

The overall budget must have the budget status Released, Completed, Locked, Released provisionally, or Being revised.

Features

You can use the Budget Monitoring function to display the following information on a budget structure element:

 

See also:

Display: Budget Monitoring in the Overall Budget Component

Display: Budget Monitoring in the Organization and Employee Components