Tools
Where Capital Expenditures are budgeted
What is Workday?
Who prepares the budget workbooks?
Who is FP&A?
Recovery of spend and expenses
What is chargeback?
When the spend is recorded in financial systems
What is "in service date"?
Increase Year Over Year
Where one can find information about spend during the current year while preparing the budget.
What is the IT Financial Dashboard?
Individuals responsible for initial entry into budget workbooks
Who are cost center managers?
Where maintenance hours are stored in E1
What is Ongoing Work?
The duration of amortization or depreciation
What is asset life?
The prescribed limit of budget variance year over year beyond which requires explanation.
What is 3% to 5%?
Where key expense spend categories are budgeted
What are budget workbooks?
Individuals responsible for the integrity and completeness of the budget
What is capacity?
The amount of capital spend that does not require an individual request to be included in the budget.
What is $50,000?
The meta data that drives the assignment of the SPU and line of business at expense line item level.
What is the application code?
Where miscellaneous expenses are budgeted
What is the top-down budget?
Responsible for gathering information from business partners to determine appropriate budgetary amounts.
Who are application managers or service owners?
The number of productive hours per employee considered during budget.
The amount of capital spend that currently requires TIC approval.
What is $250,000?
Line items that are spread over the life of a contract.
What are prepaid expenses?
The final place where the budget "lives"
What is Adaptive Planning?
Responsible for budget presentation to CFO and other key executives.
Who are the CIO and IT Division Directors?
Infrastructure hours not charged to projects.
What is subscription?
The budget process used to adjust amortization and depreciation expenses for the upcoming year without changing the individual capital requests and related meta data.
What is the x-month push?
Expense category that assumes starting over each year. (zero-based budgeting)
What is contract labor?