iTCCS Budget provides an accurate, efficient means of preparing a next year budget. It is an automated online system with the capability of projecting percentage increases or decreases as an analysis tool. The next year budget is produced by a system that maintains last year's, this year's beginning, and this year's amended budgets, and from these budgets, it provides figures for an ongoing process of budget preparation, review, revision, and approval.

The advantages to the Budget application are that, while it is based on the current Finance application, it provides a great deal of flexibility in tailoring budgets to meet a wide range of demands. With each update of the budget, reports may be generated for offline review. Once changes are made online, the required calculations are accomplished automatically, and a new budget can be printed which reflects all of the applicable changes. This process can be continued until a final budget is adopted without constant manual recalculation. The Budget application is designed to prompt the user to enter the data required to customize a budget that fits the district’s needs.

Data can be entered and viewed in a variety of formats, and worksheets and inquiry features are also available.  Extras include the ability to maintain next year tables for valid funds, functions, objects, and so on, the ability to change account numbers either individually or in mass through an account code conversion table, and the ability to mass change funds or delete funds. The Budget application can be updated from the general ledger and upon board approval, the new budget can be automatically posted to the Finance general ledger.

The Budget application provides the capability of amending the current year budget. Upon approval, the amendment can be interfaced automatically to the general ledger in Finance, producing a system- generated journal entry for the difference between the amended figures and the existing amounts in Finance.

Budget Features

• Amended amounts move for current years
• Budget upload from PC
• Budget worksheets
• Campus-level budget entries
• Current year amendment budget maintenance and inquiry
• Modification of all budget account entries by mask criteria
• Next year amounts move from budget master to general ledger
• Next year amounts move from budget master to general ledger by organization
• Next year amounts move to existing general ledger for appropriations

Budget Jobs and Reports

• Budget Mask Conversion
• Change Fund/Year/Organization for Budget Accounts
• Create/Update Budget File from General Ledger
• Mandated Programs Schedule for Budget
• Reinitialize Budget Master for Next Year