Higher Ed – Revenue Budget Request

What is a Higher Education Revenue Budget Template? Revenue Budget templates are considered an essential part of the annual budget and are used by finance officers and budget managers to capture estimated sources of revenues for the upcoming year. Key functionality in this type of input form automatically displays the institution's revenue accounts with totals. The left columns show last year's actual results, as well as, the target change that executives are expecting to see. If desired, last year's budget can also be displayed and used as a baseline. Where needed, managers enter a percent or amount (or both) to increase or decrease the baseline budget. Explanations are entered in the comment column on the right side and can later also be displayed in the final budget review reports. You will find an example of this type of input form below.

Purpose of Revenue Budget Templates Universities and colleges use Revenue Budget Templates to give users a secure and convenient web form to capture their budget. When used as part of good business practices in a Budgeting and Planning department, a higher education institution can improve its annual budget process and speed, as well as, reduce the chances that sources of funds are unable to cover planned expenses for the coming fiscal year.

Who Uses This Type of Input Form? The typical users of this type of input form are: Budget Officers and Executives. Other Input Forms Often Used in Conjunction with Revenue Budget Templates Progressive Budgeting and Planning Departments sometimes use several different Revenue Budget Templates, along with payroll, capital expense and expese budget templates and other management and control tools.

Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional xFP&A solutions.

Built for higher education finance teams and aligned with Solver's xFP&A platform, this Solver planning template connects directly to your ERP data via the Solver Data Warehouse, enabling near real-time analysis with minimal setup. Designed for QuickStart deployment, it can be activated rapidly so your team can focus on analysis and decisions — not data preparation.

What is the Higher Ed – Revenue Budget Request in Solver? The Higher Ed – Revenue Budget Request is a pre-built xFP&A planning template in Solver designed for higher education organizations. It delivers key financial and operational metrics in a single, easy-to-use interface — purpose-built for higher education finance workflows.

Who uses this Solver planning template? This template is primarily used by CFOs, controllers, and higher education finance teams in higher education organizations who need accurate, timely data to support planning, reporting, and decision-making. It is particularly valuable for higher education finance teams managing budgets, forecasts, and performance reviews.

Where does the data come from? Data is sourced automatically from your ERP system through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Once connected, the template updates in near real-time with no manual data entry required.

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