Budget Overview is a feature in NUFinancials to get real-time information about chart string. A Cognos GL005 is also useful but both have advantages and disadvantages. Instructions on using Budget Overview can be found in myHR Learn by searching "Using Budget Overview for Project Budgets."
- Real-time data, current as of the day you are looking.
- Drill down into budget, actual and encumbrance transactions without running another report
- Not a report, runs instantly
- Can customize what you see and how it appears
- Can run for control balance
- Can use for sponsored projects
- Not as appealing as the GL005
- Cannot be configured to be emailed to someone else
- Better organized and easier to read
- Can be structured to run at any interval and emailed to user or anyone else
- Data is always a day old
- Can only drill into HTML version, then it runs an entire GL008
When viewing Budget Overview in NUFinancials, to get revenue and expense on the same budget overview search use:
- Ledger Group/set – Ledger Inquiry Set
- Ledger Inquiry Set – Test 1
- Type of Calendar – Detail budget period
At this point you may want to use the Personalize option to order/delete columns and sort by accounts.