Envelope-Exercise

The data model captures financial insights by detailing currency amounts in envelopes, fiscal years, and various financial categories, converting them into reporting currency for monitoring budget allocations, spending across departments, and budget exercise tracking for adjustments and reallocations. It includes forecasting amounts for different periods, providing a comprehensive view of financial performance and budget management within the organization.

Benefits of This Data Model

• Improved Budget Monitoring: Users can efficiently monitor budget allocations and spending across departments by tracking financial amounts in envelopes, enhancing budget control and transparency.
• Enhanced Budget Exercises Tracking: Facilitates the tracking of budget adjustments and reallocations post initial budget allocation, providing visibility into changes made for better decision-making and financial planning.
• Comprehensive Financial Forecasting: Enables forecasting of financial amounts for different periods, offering insights into future financial performance and aiding in strategic budget management within the organization.
• Transparent Reporting Currency Conversion: Simplifies the conversion of currency amounts in envelopes to reporting currency, ensuring consistency and accuracy in financial reporting for better analysis and decision-making.

Key Performance Indicators (KPIs)

• Env. Currency Amount: The amount in the envelope currency for a specific measurement.
• Env. Amount in Reporting Currency: The equivalent amount in reporting currency for the envelope currency measurement.
• Env. Amount Approved in Currency: The approved amount in the envelope currency for a specific measurement.
• Env. Amount Approved in Reporting Currency: The equivalent approved amount in reporting currency for the envelope currency measurement.
• Env. Amount Reserve in Currency: The reserved amount in the envelope currency for a specific measurement.
• Env. Reserve Amount in Reporting Currency: The equivalent reserved amount in reporting currency for the envelope currency measurement.
• Fiscal Year Currency Amount: The amount in the envelope currency for a specific fiscal year.
• Fiscal Year Amount in Reporting Currency: The equivalent amount in reporting currency for the fiscal year currency measurement.
• Fiscal Year Amount Approved in Currency: The approved amount in the fiscal year currency for a specific measurement.
• Fiscal Year Amount Approved in Reporting Currency: The equivalent approved amount in reporting currency for the fiscal year currency measurement.
• Fiscal Year Amount Reserve in Currency: The reserved amount in the fiscal year currency for a specific measurement.
• Fiscal Year Reserve Amount in Reporting Currency: The equivalent reserved amount in reporting currency for the fiscal year currency measurement.
• Fin.1 Currency Amount: The amount in the envelope currency for financial category 1.
• Fin.1 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 1.
• Fin.2 Currency Amount: The amount in the envelope currency for financial category 2.
• Fin.2 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 2.
• Fin.3 Currency Amount: The amount in the envelope currency for financial category 3.
• Fin.3 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 3.
• Fin.4 Currency Amount: The amount in the envelope currency for financial category 4.
• Fin.4 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 4.
• Fin.5 Currency Amount: The amount in the envelope currency for financial category 5.
• Fin.5 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 5.
• Fin.6 Currency Amount: The amount in the envelope currency for financial category 6.
• Fin.6 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 6.
• Fin.7 Currency Amount: The amount in the envelope currency for financial category 7.
• Fin.7 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 7.
• Fin.8 Currency Amount: The amount in the envelope currency for financial category 8.
• Fin.8 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 8.
• Fin.9 Currency Amount: The amount in the envelope currency for financial category 9.
• Fin.9 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 9.
• Fin.10 Currency Amount: The amount in the envelope currency for financial category 10.
• Fin.10 Amount in Reporting Currency: The equivalent amount in reporting currency for financial category 10.
• Forecasting/Period 1 Currency Amount: The amount in the envelope currency for forecasting/period 1.
• Forecasting/Period .1 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 1.
• Forecasting/Period 2 Currency Amount: The amount in the envelope currency for forecasting/period 2.
• Forecasting/Period 2 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 2.
• Forecasting/Period 3 Currency Amount: The amount in the envelope currency for forecasting/period 3.
• Forecasting/Period 3 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 3.
• Forecasting/Period 4 Currency Amount: The amount in the envelope currency for forecasting/period 4.
• Forecasting/Period 4 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 4.
• Forecasting/Period 5 Currency Amount: The amount in the envelope currency for forecasting/period 5.
• Forecasting/Period 5 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 5.
• Forecasting/Period 6 Currency Amount: The amount in the envelope currency for forecasting/period 6.
• Forecasting/Period 6 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 6.
• Forecasting/Period 7 Currency Amount: The amount in the envelope currency for forecasting/period 7.
• Forecasting/Period 7 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 7.
• Forecasting/Period 8 Currency Amount: The amount in the envelope currency for forecasting/period 8.
• Forecasting/Period 8 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 8.
• Forecasting/Period 9 Currency Amount: The amount in the envelope currency for forecasting/period 9.
• Forecasting/Period 9 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 9.
• Forecasting/Period 10 Currency Amount: The amount in the envelope currency for forecasting/period 10.
• Forecasting/Period 10 Amount in Reporting Currency: The equivalent amount in reporting currency for forecasting/period 10.

Available Visualizations

View Name	Description
Envelope Monitoring	Monitors budget allocation and spending for envelopes across departments.
Follow-up Budget Exercises	Tracks budget adjustments and reallocations made after initial budget allocations.