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Financial services

Enhancements

• Position budgets have now been loaded into Workday. If you have access to view salaries, these are visible by clicking on the amount in account 5000 and  choosing either “Employee as Worktag” or “Position” in the View By field.

• For budgets that are not attributable to a particular position (e.g. overtime or shoe reimbursements), dollars have been loaded to account 5000. 

• MHC Financial Budget to Actual by Organization- By Revenue/Spend Category has been updated to now include the Program and Account.

New report

• For those without salary access, MHC Financial Budget to Actual by Organization Non Compensation By Revenue/Spend Category is now available. 

  • • • This report shows the budget to actual by program, account and revenue/spend category. 

      • This report should also be available to those with salary access and is beneficial in viewing just your operating budget (until such time the prompts can be adjusted to allow the user to choose just the operating budget).

What we're working on

• A salary report by cost center, by employee;

• A report on student wages and the students that are charging your cost center (to help for those who do not have salary access).  

Helpful hints

• MHC Financial Budget to Actual by Organization - Non Compensation is a report that is available to those without salary access and reflects the budget to actual for operating and student wage expenses. 

  • • This report is also be available to those with salary access and is beneficial in viewing just your operating budget.

• As a reminder, when looking to review your non-operating funds (such as designated funds (DF), gifts or reserves) remember to use the report MHC – Departmental Non-Operating Funds.