How are other public sector Oracle ERP users reporting on budget vs. actual?
Discerning if any organizations are reporting on budget vs. actual from ERP monthly since no seeded BvA reports exist to my knowledge.
Answers
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We have report we built in FRS for this purpose.
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Hi Mike —
Check out this whitepaper that goes over the BvA approach utilizing FRS.
- Financial Reporting Strategy for United States Public Sector Customers (KB86845)
Jacquelyn Flickinger/Oracle
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Hi Jacquelyn, thanks for the update. Can you point me to public sector users who are currently using this recommended approach?
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Hey @Mike_Jamison we are running ERP and doing BvA both in the budget dashboard, via FRS and OTBI. Happy to chat or try and answer any questions. We did build two different budget control programs, one that is track only at the lowest level of each hierarchy and then one that has budget control attached to it at the varying parent levels in those hierarchies (account Parent2, org total orgs, appropriation parent1 etc).
