Budget can be defined as the money set aside to be used for different compensation components, such as merit, lump sum, adjustments or stocks. Budgets can be calculated per user, planner, group or template.
There are many different ways budgets can be configured depending on customer requirements. Commonly used is the Bottom Up budget in which a percentage of salary is summed up by employees across the organization.
Total budget amounts are displayed from the budget panel.
What is displayed depends on which sheet is active, as well as the configuration.
The boxes show assigned budget, total currently allocated, and amount remaining to be allocated.
The budget for the Stock sheet is displayed in units and not currency.