New York University Skip to Content Skip to Search Skip to Navigation Skip to Sub Navigation

Budget Modification System Overview

In This Section:

  • Access BudMod
  • What is the Budget Modification System?
  • How Does It Work?
  • Technical Requirements
  • New Features in Version 2
  • Role-Based Access to Budget Modification Options
  • Getting Help
    •    Online Help
    • Phone & E-mail Help

 

 


Accessing BudMod

 

The Budget Modification System is accessed through NYU home. After logging into NYU Home with your net id and password, click on the 'Work' tab. Under the 'Administrative Systems' section use the link entitled Budget Modification Request to access the Budget Modification System and open the Budget Modification Form.

*Scrreenshot of NYU Work Tab

*Scrreenshot of NYU Work Tab

BudMod Form

*Screenshot of BudMod Form


What is the Budget Modification System?

 

The Budget Modification System automates the submission, routing, and approval/denial of budget modification requests. It utilizes the Oracle BPM Workflow tool in conjunction with Orgs and Hierarchies maintained by the Budget Office in Oracle Hyperion DRM (Data Relationship Management) to manage routing and approval paths of budget modifications.

Approvals are automatic for budget modification requests that meet a set of business rules* established by the NYU Budget Office. Otherwise, they go through a review process determined by the Budget Office, with input from the Finance Officer of the school or department associated with the transaction.

Reviewers are notified electronically that there is a transaction requiring their approval; notifications go to the Reviewer's electronic Worklist, and a reminder is sent via e-mail. The Reviewer opens each notification, reviews it, and can act upon it directly from within the notification. In addition to approving or rejecting a transaction request, a Reviewer can transfer responsibility, thereby giving approval authority to a designated recipient.

How Does It Work?


When requests are submitted, the system determines if the automatic approval requirements are met, and routes the requests accordingly. For non-automatic approvals (manual approvals), designated Reviewers are notified of those budget modification requests that require their approval. Rejected requests are returned for correction and resubmission.

A reminder is sent to the Reviewer if the Reviewer does not take action on the request within a specified time limit (five days, at present). The Requestor can view the full list of approvers for a particular budget modification within each notification and who the current owner is using the system’s inquiry tool.

Notifications appear in the Reviewer's Worklist. In addition, the Reviewer is alerted via e-mail that there is a new notification.

Once the request receives final approval, requestors are sent notifications and a Budget Journal Entry is created; transactions are posted in fame within 30 minutes after final approval and can be viewed in the Standard Reports after they are refreshed nightly.

Technical Requirements

 

To use the Budget Modification System, you will need an Internet-connected Windows computer, a properly configured up-to-date Web browser, and a current version of Adobe Reader (Acrobat). We recommend Internet Explorer 8.x and Adobe Reader (Acrobat) 8 or higher.

 

New Features (as of June 2011)

 

The new budget modification system includes a number of enhancements to allow support for NYU’s global sites, improved workflow routing methodology, and numerous improvements to the form’s functionality, these include:

Business Unit - You will see only the business units you have access to based on your chartfield security profile. If you have access to multiple business units, you will need to select the business unit you would like to process a budget modification for. You may only select one business unit per budget modification.
Currency – After selecting business unit, currency will default to the business unit’s base currency. If the business unit allows for multiple currencies you have the option to change the currency. Only one currency type is allowed per budget modification.
Multi-Fund Capability – It is now possible to submit a single bud mod containing multiple funds.
One-Time Adjustment – The one-time adjustment flag has been moved to the header, allowing you to indicate whether a budget mod is One-Time or Multi-Year. This is now a searchable variable in the inquiry screen.
Denominations Under $1 – Adjustment amounts can now be entered for fractional dollar amounts.
High-Priority Flag – It is now possible to indicate whether a bud mod is high-priority.

Getting Help


Online Help & Instructions

 

This online help provides startup instructions and assistance with the system's main functions. The navigation menu at the left of this window lists the help topics for the Budget Modification System.

Recommended NYU Workflow help sections

(To access the NYU Workflow help, click the help tab on the top-right of the budget modification screen.)

• Getting Started - For technical and access requirements and instructions
• Main Menu - For an introduction to the Workflow and application channels, and the use of Workflow notifications and e-mail alerts.
• Hints & Reminders - For important information for using Workflow efficiently and securely.

Help by Phone and E-mail

 

Call the IT Service Desk (ITSD) at 1-212-998-3333 (press 3 when prompted), or send e-mail to AskITS@nyu.edu.

• For assistance 24 hours a day, 7 days a week, please contact the IT Service Desk; see www.nyu.edu/its/askits/helpdesk/ for details.

NYU Footer