Presentation on theme: "Hyperion Planning & Budgeting Linda Benoit"— Presentation transcript:
1 Hyperion Planning & Budgeting 220.127.116.11 Linda Benoit https://hypprd.co.pinellas.fl.us/workspace/index.jsp fy13fy14Linda BenoitPinellas County Office of Management & Budget
2 Hyperion DatabasesOracle Hyperion Public Sector Planning and Budgeting is really 2 databases: Line Item Budgeting for Expenditures and RevenuesPosition Budgeting for personal services costsA Hyperion process runs to push the position data to the line item budget
3 Hyperion Public Sector Planning & Budgeting Oracle Human Resources Hyperion IntegrationOracle ProjectsOracle General LedgerHyperion Public Sector Planning & BudgetingOracle Human Resources
4 Hyperion Planning & Budgeting: Module Integrations General LedgerA regularly scheduled data feed from the Oracle E-Business applications to Budget will occur. Final budget will be sent to GL after adoptionProject AccountingProject information will be extracted from Projects and fed to Hyperion once when CIP budgeting is completeHuman ResourcesEmployee and position data will be extracted from HR and used as a basis for position budgeting in Hyperion
5 Oracle HRMS Integration Oracle HRMS Time&Labor(OTL)AdvancedBenefitsOABOracle LearningManagementOLMOracle PayrollFinancialsProcurementOracle ProjectsHyperionBudgetingBusinessIntelligenceReportingOracle Human ResourcesManager Self-ServiceEmployee SelfAll Oracle HRMS applications have a single source of information because they share the same tables within the Oracle database. This eliminates data redundancy, reduces the possibility of conflicting data in different databases and creates a consistent, complete and reliable picture of every employee.
6 General Ledger Integration Oracle General Ledger FinancialsGeneralLedgerOracle HumanResourceManagementOracle Projects&GrantsAccountingProcurementAccounts PayableAccounts ReceivableAssetsHuman ResourcesPayrollAdvanced BenefitsTimeLaborSelf-Service HRLearning ManagementHyperionBudgetingOther SubledgersReporting,DashboardsBusiness IntelligenceAs shown in this illustration the GL is integrated with other Oracle modules, with the modules and subledgers feeding data to GL. In turn, information can be extracted from GL through online inquiries, for budgeting, reporting and analysis.Planning &
7 Hyperion Planning & Budgeting: Ownership of Data The Office of Management and Budget (OMB) is the business owner of the Hyperion Planning & Budgeting application.Prior actual account balances are interfaced in from GL.Position records are interfaced in from HR.Budget submissions are entered by departments.
8 Hyperion Planning & Budgeting: New Terminology DimensionsParentsChildrenMulti-Dimensional vs. Table Drive DataCubeIntersectionPoint of View (POV)HR Organization (Org)
9 Line Item DimensionsYear – The budget year we are working on. (In Jun-13 it is FY14)Period – The sub-divisions of a year (Total Year, Quarter, Month)Scenario – The segment of the budget information we are working on. (Prior Year Actuals, Current Year Budget, Current Year Estimate, Proposed Budget, Decision Package1, Decision Package2)Version – The stage of the budget that we are working on. (Baseline, Target, Department Budget, County Administrator Budget, Proposed , Adopted)Fund – The GL Fund segment. (In Budget, there’s an F prefix, like F0001, general fund)Entity – The GL Center segment. (In Budget, there’s an C prefix, like C321110, OMB)Account – The GL Account segment. (In Budget, there’s an O prefix, like O Professional Services) (That’s O, as in object code)Program – The GL Program segment. (In Budget, there’s a PM prefix, like PM1001 Administration)Project – The GL Program segment. (In Budget, there’s a P prefix, like P000007A, Public Safety Facility)Future – The GL Future segment. (In Budget, there’s a FU prefix, and one value FU )Plan Items – this has only 1 value by default, Unspecified Plan Items.
12 Position Budgeting Dimensions Entity – The HR Organization (Org) from the HR system. (Example, BCC:Office of Management and Budget or BCC:Planning)Year – The next budget year we are preparing. (In January-2013, it will be FY14)Scenario – The segment of the budget information we are working on. (Current Year Estimate, Proposed Budget, Decision Package1, Decision Package2)Version – The stage of the budget that we are working on. (Baseline, Target, Department Budget, County Administrator Budget, Proposed , Adopted)Position – The position number from HR. Positions are assigned to an HR Org.Job Code – The Job Code from HR. Job Codes are assigned to Positions.Compensation Elements – These are the components of total compensation for an employee or a position. (Salary grade, additional earnings, employer-paid benefits, employer-paid taxes)Budget Items – These are the components needed to define position budgets. (FTE, Status, Allocation Assignment Costing)Account - this contains additional information about a position, like Pay Type, Default Weekly Hours, Salary Basis, Position Type, etc.
27 Key Points Flexible by design Need for knowledgeable technical staff Reports are all customDatabase design defines processing speedPosition calculations are processesLine item roll-ups are processes