How users should (or should not) address capital spending w/ operating funds within Axiom?
Capital spending funded by operating FAOs should be input in the Funding Provision ledger account (93000).
Capital spending funded by operating FAOs should be input in the Funding Provision ledger account (93000).
The best practice for budgeting for pending or anticipated grant funding is to use historical trends and patterns, or if you have submitted proposals that have a high probability of being awarded. In UR Budget, we only will be budgeting … Continued
Grant budgets will still be developed directly in UR Financials. In UR Budget, we only will be budgeting for grants in total in one FAO by company/division so that the university can consolidate the entire fiscal year budget. The one … Continued
The finance department will be entering the budget for revenue sub-accounts.
The Flag indicator will appear if the difference between the Preliminary Budget and the Base Budget is greater than 5% AND greater than $10,000. This can differ by company.
All detailed rows will be totaled into the “Base + Change” row.
Yes, you can use the scratchpad to calculate specific monthly spread values (for instance, based on volume data), then reference those values in either the summary or labor tab as appropriate.
Highland Hospital uses a different chart of accounts from the rest of the UR Budget companies. A joint finance team from SMH and Highland mapped all Highland sub-accounts to their appropriate ledger accounts When a subaccount is entered in the … Continued
There is no link in the system; however you can input a calculation in the wRVU cell. If you currently have a 1.0 Clinical FTE generating 5,000 wRVUs, and the Provider is reducing to a .75 CFTE, you could input … Continued
In year 1 of the Axiom implementation the system is not perfected yet to have the ability to link revenue to FTE changes by month. However, if your clinical FTE is reduced overall for the year, see Q14 for the … Continued