Aggie Enterprise Planning Features In-Year Forecasting, Reporting
On Sept. 13, 2024, after a scheduled maintenance period, Aggie Enterprise Planning relaunched with data from AggieBudget, completing the transition to the new system. AggieBudget is now retired and Aggie Enterprise Planning is ready for FY25 in-year forecasting, giving the UC Davis budget community more capabilities than ever before.
Flexibility with in-year forecasting
Despite our best efforts, sometimes things do not go according to budget plans. With Aggie Enterprise Planning, users can make changes at any point during the in-year forecasting period to understand and track the impact of unanticipated events on their budget plan and financial status.
"Your budget is a plan that is based on assumptions and past experience and data,” said Budget Director and Associate Vice Chancellor Sarah Mangum. “We expect that plans will be adjusted and change as you have more information and encounter unforeseen needs throughout the year. With in-year forecasting, there is now a tool that can help you understand the impact of these changes on your budget and work to improve your plan throughout the year.”
With this flexibility built into Aggie Enterprise Planning, users have the ability to adjust their budgets for the remainder of the fiscal year, enabling departments to stay on track with budget goals. They can even forecast budget plans for several years into the future and make changes when new information becomes available. The up-to-date forecasts can be compared to the initial budget plan to support variance reporting as well as future planning.
Featured reports
Along with flexibility in budget planning is the need monitor, analyze and communicate budget data. A variety of reports, from rolled up overviews to detailed actuals, are available in Aggie Enterprise Planning. Each report provides a different view to help with analysis and communication of your department’s data. Users will recognize familiar features of reports that were previously found in AggieBudget.
Select reports were featured in the Aggie Enterprise Planning User Group Meeting on Sept. 17. A recording of the meeting is available within Aggie Enterprise Planning. Go to Helpful Links > User Group Materials. The Knowledge Base Articles (KBA) for each of the featured reports are listed below.
| Report | Description | KBA |
|---|---|---|
Annual Budget | Allows you to share and review a rollup view of your budget plan or the most recent forecast while the plan is being developed during the annual budget cycle. You can also use the report to preserve the finalized budget for your records. | |
Sources and Uses | Allows you to compare the funding sources and uses data in your plan against the actuals data from the general ledger. | |
Detailed Actuals | Shows actuals data from the general ledger, using Planning data categories. |
Resources and support
The Aggie Enterprise Planning team is here to help! Select from the resources below to learn more about Planning reports and connect with our team.
- Visit Available Reports to browse all Aggie Enterprise reports, or filter by “Planning.”
- Attend Planning Office Hours on Tuesdays at 11 a.m.-12 noon via Zoom.
- Connect with us on Slack at #ae_planning
- Need help? Submit a question to the Aggie Enterprise Team. Be sure to select “Planning” under Aggie Enterprise Functional Subcategory.
Select “UC Davis Sign-on" when logging into Planning. For reference, see Logging into Planning instructions.