Hello BPC experts, I have a requirement to implement a BPC solution that would allow Top down planning & Bottom-up planning/budgeting and ensure that both budgeting can reconcile at any time. What was the approach taken ? JHN
Thanks so much for inputs. The real example of scenario is as follow: Mister of education plans to spend 1Million , there are 10 departments, each-each one is given 100K. Under each of this , there are school commissions, under which there are schools which I would call the leaf of the hierarchy or the cost center. Now, most of expenditures happen at the school or at cost center level, but the commission may cost have administrations related expenses. The reconciliation I'm talking about needs to happen between the Plan data and expenditures (actuals spent or committed budget) and carryforward which is always included as starting budget at beginning of each fiscal year. The requirement is to match up actuals against plan data (a P&F scenario) on a real-time basis. In other words, the planning is top-down, and expenditures bottom up matches at all levels the plan data. Thanks for sharing your expertise. JH Thanks
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