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 result from various options that exist for the investment program, such as (statistical) carryforward of values when a new approval year is opened, and estimated forecast of future values during planning and budgeting.
Features
The system manages the following value categories for investment programs in parallel, depending on the approval time frame (planned and budget values, overall and annual values):
Values that were planned or budgeted in the current approval year.
The system distinguishes among three types of budget values in the current approval year: original budget, supplements and returns. The original budget, plus supplements and minus returns, equals the current budget.
(Statistical) carryforward of measures not yet closed, which were initiated before the current approval year.
These carryforward amounts arise during the fiscal year change. For more information, see
Estimated values for measures that will be adopted in future approval years.
These values are a kind of noted item for measures that are expected to become relevant in a future fiscal year, but are not relevant at the moment.
These values are not carried forward during a fiscal year change.
In the planning and budgeting transaction (under Settings
® Approval period), you can specify the value categories you want to work with. Normally you should not manually process values in the Carryforward category using this transaction. These values are updated automatically as part of the fiscal year change.Plan and Budget Values on Measure Level
Measures can have plan values and budget values. Appropriation requests can only have plan values. For budget values, the system distinguishes among: original budget, supplements and returns, in addition to released budget. Projects can also have released budget.
Plan and Budget Values 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. Assigned values can exist for budget values, overall values and annual values. 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.