Budgets and Planning
Adaptive Planning, Workday’s budgeting and forecasting module, will deploy shortly after HCM and Finance as part of the second phase of the implementation. Workday’s Adaptive Planning module will greatly improve our budgeting processes with enhanced reporting and analytics.
Learn more about the Adaptive implementation on the Elevate Program Timeline page.
Topics:
Budgeting
The annual university budget is the financial plan for how the university will receive and spend funds in a fiscal year (July 1 to June 30).
Reports
- Budget to Actuals – This report intended for Budget Managers displays a summary of both the original budget and the actual spending within a given Spend Category Hierarchy.
- Vacancy Report INPUT – Filled Positions – This report intended for the Budget Office displays position budget data (from Adaptive) compared with filled positions data from Workday.