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How Oracle HRMS helps in Budgeting and Costing?

Asked by: scott | Member Since Jul-2006 | Asked on: Mar 30th, 2007

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agouthaman

Answered On : Feb 18th, 2010

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You can set up budgets for non-monetary measures such as headcount or full-time equivalent. When you enter employee assignments to define the work an employee does for your enterprise, you can specify the value of the assignment towards these budgets. For example, all assignments typically count as one for headcount budgets, but may count as less than one for full-time equivalent budgets.

First Define units of measure as headcount by adding Quick Code type BUDGET_MEASUREMENT_TYPE in the QuickCodes windo.

Go to organization window, select BG and in the Oragnaization classification select the default budget value. In the Additional informations key-in default value and select unit of measure as well.

  
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