Budget & CreditsFinancial Management
Control over credit allocation and budget consumption
The Budget & Credits system links budget chapters, programs and line items to accounts and organizational units. Allocation, credit commitment and budget transfers, together with control of purchasing, inventory and payroll amounts, make it possible to track resource consumption. Budget performance and variance reports compare actual results with the approved plan.
Benefits of Budget & Credits
Budgeting by unit and heading
Tracking of credit allocations and transfers
Related documents checked against the budget
Analysis of variances from the approved budget
- Budgeting by unit and heading
- Tracking of credit allocations and transfers
- Related documents checked against the budget
- Analysis of variances from the approved budget
