This is a FinancialLink program that allows departments to use projection algorithms to determine available balances based upon a fund's end date or fiscal year end.
Users develop projections within two major categories - payroll and expense.
These distributions are selected for projection based on DOS Code, start and end dates and Sub Account Codes. The projections start date is based on the current open ledger period or the start date of the distribution, whichever is later. The projection end date is the budget period end date of the grant or contract, the fiscal year end date or the distribution end date. Users may add, change or delete payroll projections through the Payroll Projection Maintenance function in FinancialLink. Only rate may be changed for ancillary projects since they are derived from the payroll projection.