To: Account Managers
From: Cristine Black, Assistant Vice President of Budgeting, Financial Planning and Analysis
Subject: Fiscal Year 2020 Budgets
Fiscal Year 2020 Operating Budget
The Fiscal Year 2020 budget for accounts in E&G, Designated, and Auxiliary funds has been uploaded into SAP and submitted to the Texas State University System Board of Regents. The Board approved the operating budget on August 23.
Account managers and their authorized designees can review their budgets now using the Budget to Actual report (ZBUDACT) in SAP.
Merit raises have been loaded to employees records and the budget adjustments are being processed. Please remember you may use the Business Explorer program to compare the position salary budgets to employee or positions cost.
Salary Encumbrances for Fiscal Year 2020
The program that will create salary and fringe encumbrances for FY 2020 is scheduled to be run on Friday, September 6. Please review your accounts with the Budget to Actual report after that date to ensure that your budgets and encumbrances are correct for the new fiscal year. As a reminder, the program only encumbers salary for employees paid in the monthly payroll.
For further information or for assistance, call the Budget Office at 5-2376 or email us at firstname.lastname@example.org.