Auxiliary Fund Training April 11, 2017 WSU

Transcript:Auxiliary Fund Training April 11, 2017 WSU:
Auxiliary Fund Training April 11, 2017 WSU 2017-2018 Budgeting Process © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. 2017-2018 Budget Process © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Components of WSU’s Hyperion Planning The following Hyperion products are included in WSU’s Planning Environment: Hyperion Workspace Hyperion Essbase Database Hyperion Financial Reporting Hyperion Smart View for Office © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Hyperion Workspace Workspace provides a single business performance management interface that enables users to access the Planning Web Client and Hyperion Financial reports. PPRD URL: https://hypwebpp.ad.wayne.edu/workspace/index.jsp PROD URL: https://hypwebprod.ad.wayne.edu/workspace/index.jsp © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Setting User Preferences © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Hyperion Planning at WSU WSUPLN Dimensions WSU Dimensions Account Period Years Scenario Version Entity © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Account The Account dimension consists of: Statistical Financial Accounts Budget Pool Input Financial Alternate Accounts © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Period The Period dimension relates to the Months that comprise WSU’s fiscal year (October – September). This dimension allows for Year-to-Date and Quarter-to-Date analysis © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Years Fiscal Years start in FY12 and continues through to FY21. Budget development data starts in FY16. Budget data developed in Hyperion will be retained in the database moving forward. Banner data (Actual and other items) is downloaded on a rolling basis: current fiscal year and 3 previous. © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Scenario The Scenario dimension is used to describe the type of data being used. Scenarios that end users use during budget development include: Final Budget Starting Point Permanent Budget Budget Programs Reduction Adjustment Initiatives Reallocation Final_FTE_Budget FTE_Budget FTE_Adjustment FTE_Restatement © 2015 Huron Consulting Group. All rights reserved. Proprietary & Confidential. Version The Version dimension is used to separate different “snapshots” of the annual plan and budget. Actual are stored in Working version and finalized annual plan numbers are stored in the Final version and are not available for editing without Administrator intervention. Working version is used to create a draft of the annual plan and is the primary version used for updates to the Budget by end users. BudgetOffice version is the primary version used for updates