Wednesday, April 14, 2010

Public Sector Budgetting

Oracle Public Sector Budgeting provides a complete and integrated solution that allows
users to prepare and maintain a comprehensive budget that includes position
budgeting for personnel services.

Users can extract information from external systems such as Oracle Human Resource
Management Systems, Oracle Labor Distribution, and Oracle General Ledger. Users can
also export information from Oracle Public Sector Budgeting to General Ledger.
Positons are available from HRMS.

Oracle Public Sector Budgeting supports the online distribution, notification, review, and approval.

Oracle Public Sector Budgeting also supports versioning, maintaining a complete record of the budget at each
stage.

Oracle Public Sector Budgeting supports multiple methods for analyzing and
presenting budget information. With Oracle Discoverer, users can create multiple data
views and create graphs and charts for analysis and reporting.

Oracle Public Sector Budgeting supports position control, using the allowing users to
record information on position, cost, and distribution in position control.

Flexfield mapping allows users to change the accounting key flexfield or accounting
flexfield values extracted from General Ledger so that updated code combinations are
used when new worksheets are created in Oracle Public Sector Budgeting.

Oracle Public Sector Budgeting supports encumbrance balances from General Ledger.

Oracle Public Sector Budgeting supports more than one ledger currency at transactional level.

HRMS is mandatory for position control in Public Sector Budgeting.

For more information follow Oracle Public Sector Budgeting User Guide.

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