Financial planning and budgeting enhancements

Added ability to perform financial forecasting

You can now use the planning scenario feature of BMC Financial Planning and Budgeting module to generate financial forecast for your organizational unit(s). A financial forecast is a way to estimate future financial outcomes for an organizational unit. You can estimate future costs using a combination of historical costs (actual cost data) and budgeted costs for the time to come. The copying of planning scenario functionality was enhanced so that when you create a copy of a planning scenario, you can specify the time period for which you want to copy the actual budget and budgeted data.

Added ability to view update information for budgeted cost for an IT Department

BMC IT Business Management Suite now provides ability to view the name of the user who modifies a budget line item and the date it was modified in the budgeted cost details of an IT department. The new feature provides visibility into information of when a change was made to the budget, who made the change and what the original and new values of the line item being changed are. The following new columns were added to the Budgeted Cost details window (The MY Budgets - IT Department Costs - Budgeted Cost Details):

Last Updated By
Last Updated Date Time

For more information on viewing budgeted cost details, see Viewing-budgeted-cost-line-items-by-account.

Updated default values for fiscal start and end period in new budget items

BMC Financial Planning and Budgeting application was updated to show fiscal start and end dates as the start of the current fiscal year and the end of the fiscal year by default in the new line items windows.
The following windows were updated:

New Actual Line Item
New Budget Line Item

Enhanced user interface with hyperlinks to budgeted and actual cost values

BMC Financial Planning and Budgeting application was enhanced to display hyperlinks to budgeted and actual cost details from the expense (My budgets - IT Department Cost - Expense Summary) and capital summary (My budgets - IT Department Cost - Capital Summary) pages of an IT department budget. You can now click on the Total Budgeted Cost or Total Actual Cost values in the expense and capital summary pages to display the Budgeted Cost Details and Actual Cost Details window.

Enhanced loading of budgets in planning scenarios

When you load budget data in a planning scenarios, you can now load budgets for projects that include budgets from IT sub departments. Additionally, you can now load budgets for all projects related to a specific portfolio.
The following field was added to the Planning Scenario - Budget Items - Projects window:

Load Projects (Include IT subdepartments)

The following window was added to select the project portfolios and add projects from IT sub departments:

Load Projects (Include IT Subdepartments)