What is the Budget to Actual Summary by Fiscal Year report

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What is the Budget to Actual Summary by Fiscal Year Report?

The Budget to Actual Summary by Fiscal Year report is the standard report that shows a department or chart-string's financial activity against the fiscal year's budget.

This report was formerly known as the "Department Summary Analysis"

Who should use this report?

The Budget to Actual Summary by Fiscal Year report is useful for users with an annual budget to monitor spending/revenue against. This could be a anyone from a department chair to business manager.

Running the Report

File Path: Financial Services > Financial Reports > Summary Reports > Budget to Actual Summary by Fiscal Year

Parameters

Department - Select any department or roll-up

Fiscal Period YTD Through - Select the month for the report to run through. The report will always start from the beginning of the fiscal year for the month & year selected.

Account - Defaults to "All Accounts"

Fund - State "1111" and Auxiliary "1112" are used most common, as they usually operate a fiscal year budget

Reimbursed Fringe Benefits - Fringe Benefits that are reimbursable for 1111 fund. Defaults to "Hide", make sure to change this to "Show" if your department/project is responsible for all fringe benefits

Project - Defaults to all projects, users can change the parameter to pick as many projects as they want to include

Reading the Report