Personnel Budget Assumptions for Government Entities

    What is a Personnel Budget Assumptions Model ? Payroll Assumption models are considered workforce budget drivers and are often used by HR and budget managers to enter the assumptions needed to calculate benefit and salary budgets. Key functionality in this type of budget template provides input of drivers such as rates per salary grade, percentages (%) of regular and merit increases in salaries. Furthermore, the user can enter both percentages (%) and amount increases for items, such as, healthcare costs, social security and Medicare. You will find an example of this type of budget template below. Purpose of Personnel Assumption Input Forms State and local government organizations use Personnel Assumption Input Forms to automate their employee payroll budget calculations and to simplify revisions and changes. It also enables them to quickly create multiple scenarios (versions). When used as part of good business practices in a Budgeting and Planning department, a public sector institution can improve its budget process, as well as, reduce the chances that budget versions are static and time consuming to update. Personnel Assumption Input Form Example Here is an example of a Government Personnel Assumption form used to create payroll budgets. [caption id="" align="alignnone" width="2560"] Personnel Budget Assumptions for Government Entities Example Personnel Budget Assumptions for Government Entities Example[/caption] You can find hundreds of additional examples here. Who Uses This Type of Budget Template ? The typical users of this type of budget template are: Budget Managers and HR Managers. Other Budget Template s Often Used in Conjunction with Personnel Assumption Input Forms Progressive Budgeting and Planning Departments sometimes use several different Personnel Assumption Input Forms, along with payroll input forms, revenue and expense budget models and other management and control tools. Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions. What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
    • Native ERP report writers and query tools
    • Spreadsheets (for example Microsoft Excel)
    • Corporate Performance Management (CPM) tools (for example Solver)
    • Dashboards (for example Microsoft Power BI and Tableau)
    Corporate Performance Management (CPM) Cloud Solutions and More Examples